Your answers to important questions: Are Vancouver condo prices falling? Will Vancouver condo prices drop? Should I buy a Vancouver condo or wait? Is there a price bubble in Vancouver condos?
All tagged Vancouver Condo Prices
How much fuel is left in the real estate rocket?
Canadian condos have shown tremendous price growth since 2016 but it is uncertain how much price growth potential remains in condos. Some major Canadian banks have forecast the real estate market in Vancouver and Toronto will hit a tipping point by the end of 2019. As the impact of interest rate increases, government regulation, and taxes work their way through the market toward the middle of 2018 the accuracy of these forecasts will be revealed.
Who have been the big winners in Metro Vancouver condo investments?
Find out which condo markets in Metro Vancouver have had the biggest price gains in the past 5 years.
Watch out for Mortgage Regulation Part 2
A mortgage regulatory change that hasn’t been talked about much in the media but it will likely impact Toronto, Vancouver, Victoria, and Hamilton, especially if condo prices continue to climb. It asks lenders to loan less in markets with high property value risk.
Full Steam Ahead! – Metro Vancouver 2018 Home Price Forecasts
The consensus seems to be that 2018 will see more price gains than 2017, and that detached house prices will stay relatively flat while condo prices rise continue to climb.
Vancouver Real Estate – West Coast Express to Affordability?
At the end of November, Vancouver city council voted to adopt a new 10 year housing strategy. Honestly, what took so long? Vancouver real estate has been too expensive since 2010, and started being referred to in the media as a crisis in 2015.