Where are we in Vancouver’s Current Market Cycle

Under Market Updates


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Written on May 6th, 2016

What we’re all wondering – When will these Vancouver home price increases finally subside?!

Well, if San Francisco is any indication of where Vancouver is at in our cycle, not for a while.  Click on the picture of the Golden Gate below for the full story and learn that in March, home prices in that city fell for the first time in four years.

San Francisco, CA, USA

Watch the short video below to learn more about Vancouver’s current cycle which will explain that although we may feel that these price increases have been going on for way too long and that we’re in for a major or minor correction soon, when compared to San Francisco’s recent run up and given Vancouver’s current absorption rates that correction could be further away than some might have thought.

 

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