Blog by Michael Sjerven

Vancouver Housing Market

February 10th, 2009

With unit home sales down 60% in Vancouver last month, at least interest rates are low. Average home prices are expected to drop an additional 13% in Canada this year. The good news during this recession is that homes are becoming more affordable for first time home buyers in BC. The market is having a healthy correction which will hopefully make Vancouver a more sustainable place to live in ...