Not sure if "stampede" assessment is correct. I used to believe that too but dire warnings of impending housing collapse have been made for decades - yes, decades - and yet prices (specifically in Vancouver) continue to rise.

Fact is, much of the upward pressure on housing prices is driven by overseas investors, specifically from China. And the number of rich in China that are looking for a safe place to invest continue to grow exponentially.

I don't see that trend slowing anytime soon.

Whether that's good or bad for society, politics or housing is a matter of perspective, but without harsh restrictions on foreign investment, I can't see anything but continued upward pressure on the housing market in Vancouver.