Jan 21

Jan 21 Vancouver home prices continue to show signs of recovery

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.

Vancouver (3).JPG — Vancouver

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_{Reports and content provided by Mortgage Sandbox are for informational and educational purposes only as of the date of writing, and may not be appropriate for other purposes. The views and opinions expressed may change at any time, based on the market or other conditions, and may not come to pass. This material is not intended to be relied upon as real estate investment advice or mortgage financing advice, does not constitute a solicitation to buy property or mortgage financing and should not be considered specific legal, investment or tax advice. The information contained in reports and content have been drawn from sources believed to be reliable, but is not guaranteed to be accurate or complete. Reports may contain economic analysis and views, including about future economic and financial markets performance. These are based on certain assumptions and other factors, and are subject to inherent risks and uncertainties. The actual outcome may be materially different. Mortgage Sandbox Advisor Inc. and its affiliates and related entities are not liable for any errors or omissions in the information, analysis or views contained in this report, or for any loss or damage suffered.}

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Jan 21 Vancouver home prices continue to show signs of recovery

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