charliesangelsperth North Van property prices appear to be on the brink of another drop — Mortgage Sandbox
North Van property prices appear to be on the brink of another drop

North Van property prices appear to be on the brink of another drop

Guest User
Real Estate, Vancouver, Forecast

HIGHLIGHTS

  • North Vancouver home prices are dropping and the market is headed towards a buyers’ advantage.
  • The average North Vancouver household income still can not afford the current house prices.
  • High house prices and higher interest rates have reduced the number of people that can buy.
  • Foreign speculative investors are leaving Metro Vancouver and prices are supported by local economic fundamentals.
  • Speclative investors should consider selling now as prices may continue to drop well into 2020.
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North Vancouver

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