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.
All tagged Vancouver Real Estate Prices
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.
Real estate is a low risk, high return investment. Not.
There is no such thing as a low risk investment with consistently high returns. If there were such an investment, then everyone would buy, pushing up prices until the investment returns were equivalent to other low risk investments. This may have already happened in Canada, but perhaps real estate is different.