Westline condos urbantoronto . House prices in Vancouver, Canada fell sharply. When the COVID-19 epidemic broke out last year, some economists predicted that house prices in Vancouver, Canada would continue to plummet.Please Visit: Westline condos urbantoronto to Get Your VVIP Registration Today!
The experts’ predictions are based on:
1. The housing market in Vancouver has been depressed since 2018, and most ordinary home buyers have been in a wait-and-see attitude.
2. The full outbreak of the epidemic in 2020 directly poured cold water on the Vancouver housing market.
3. The downward trend began to change in March 2020, and the housing market began to heat up gradually, making many people realize the importance of buying houses.
4. In August 2020, high-quality properties in Vancouver were sold out, and prices are rising.
5. The fluctuation range of house prices in Vancouver has a certain law, which is bound to rise after falling.
Up to now, many houses still have a good market, and the price is not low. However, buyers in the face of high prices of houses, become more reasonable, will not blindly follow the trend to buy. Vancouver’s housing data were impressive in 2021, with prices rising steadily from the beginning of the year to October, and from August to October, home sales were high, and prices did not fall. It is reported that the home purchase loan in Canada is still the lowest interest rate, so the number of home buyers will continue to increase.