Will Vancouver prices go up or down?
Are you trying to predict the Vancouver Real Estate market? That’s a dicey game, and quite frankly something I no longer do since making this video below. Although my predictions were spot on… Nobody truly knows what will happen, it’s a guessing game. When I made this video I looked at overall economic factors, the desirability of Vancouver, and the lack of government restrictions on foreign investors. To add to that the lack of supply and mass media coverage of surging home values only increased peoples fear for the need to buy. And Buy NOW. All of these factors contributed to massive gains in Vancouver prices.
Ultimately Vancouver prices will always remain hight, it is a highly sought after city that has a tremendous amount of appeal to people all over the world. The limited supply of land in Vancouver due to the ocean and the mountains also plays a key role in prices.
