charliesangelsperth After an 18-months slide - North Van House Prices Finally Rise! — Mortgage Sandbox
After an 18-months slide - North Van House Prices Finally Rise!

After an 18-months slide - North Van House Prices Finally Rise!

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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