HIGHLIGHTS

  • Metro Vancouver home prices are still trending downward but they are not dropping as steeply as before which suggests a turnaround may be imminent.
  • Buyer interest picked up toward the end of 2019 and a significant drop in seller interest has led to a shortage of supply.
  • The typical Metro Vancouver household still cannot afford current house prices.
  • Metro Vancouver real estate prices are still facing several high impact risks.

https://www.mortgagesandbox.com/vancouver-real-estate-forecast