Metro Victoria home prices have moderated recently when compared to 2016 and 2017.
Buyer interest picked up in the second half of 2019 for all property types.
Owners of houses appear to be reluctant to sell - there fewer "FOR SALE" signs on lawns. On the flip side, condo owners are trying to unload homes (perhaps flipping presales?) and there is an abundance of condo supply.
The typical Metro Victoria household still cannot afford current condo prices, nevermind house prices.
Metro Victoria real estate prices are still facing several high impact risks.
