Most analysts expect further price increases but given recent trends we think prices will more likely drop in 2019. Find out why.
All in Forecast
Vancouver Home Price Forecast for 2019
The pundits don’t agree on whether prices will rise or fall. Find out who is most likely right.
How will mortgage rates affect the housing market in 2019?
Key forces are aligning to push home prices down in Vancouver and Toronto.
Metro Vancouver housing supply crisis is likely getting much worse.
The housing supply problem is bad, it’s real, and will likely get worse.
We’ve all heard people in Vancouver who blame lack of supply for housing unaffordability. Many will have heard the opposing “Supply Myth” argument. We believe that the supply problem is real and could be worse than any of us imagined.
By 2021 Metro Vancouver housing stock will be short by 52,000 homes!
Why is the Bank of Canada increasing your borrowing costs?
The Bank of Canada is raising rates toward a “neutral interest rate” and this will lead to higher borrowing costs, and less money in your wallet.
Vancouver Market Update - August
It’s official. Both House and Condo apartment prices in Metro Vancouver dropped in July. RBC Economics says they now believe that the mortgage stress tests will have larger, longer-lasting dampening effect on home sales than we previously thought.
All levels of government have targeted a “soft landing” but will people lose interest in buying real estate if it only appreciates by 1-3% annually? Will the realization that the party is over lead investors to the exits?
Real Estate Market Update – The Tipping Point?
Over the past ten years there have been many government interventions intended to cool the housing market. It appears we may have hit a tipping point. The market has stalled and is either about to provide a “soft” or a “hard” landing which will deliver much needed affordability. Alternatively, this may be a breather before prices continue their upward march.
Will the Bank of Canada raise rates July 11?
A look at what leading economists and the Big 6 banks are predicting ahead of next Wednesday’s Bank Rate announcement.