2019 Vancouver market outlook

December 12, 2018

Greater Vancouver continues to see strong activity in the townhome and condominium markets, with quieter foreign buyer activity this year, local buyers were able to tap into the condo market, and prices continue to decrease and become more affordable for locals. While the economy in Greater Vancouver is good, raising interest rates are expected to affect dales in 2019, as well the empty home tax that was introduced by the city of Vancouver.