charliesangelsperth Prices are falling in North Vancouver… again - North Van Real Estate — Mortgage Sandbox
Prices are falling in North Vancouver… again.

Prices are falling in North Vancouver… again.

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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