This week's real estate news in Vancouver and Canada highlights a projected rise in home prices by 2024, the influence of interest rates, and evolving market dynamics.
Metro Vancouver Market Dynamics
A central theme in the recent news is the forecasted rise in home prices in Metro Vancouver by 2024. Despite a current slowdown in sales activity and an...
The Vancouver real estate market has seen notable developments in the past week, marked by a rise in home sales and changes in market conditions. These shifts are crucial for REALTORS® and their clients to understand, as they navigate the dynamic landscape of the Vancouver housing market.
Forecasts from TD Bank suggest a potential 10% decrease in home prices by early 2024, signaling a cooling market trend. Concurrently, Canada's overall economic performance, as reflected in the latest GDP reports, continues to play a crucial role in shaping the real estate landscape. This economic backdrop i...
