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It’ a Fact that Vancouver Real Estate Market is Down

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Down

You can't massage these numbers to make you feel good. Unlike Kellyanne Conway's spin of "alternative fact", Vancouver real estate average prices are down. In fact, January 2017's sales were 10.3% below the 10 year average.

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Vancouver Average Price

Sun and Snowflakes

The sunshine of the province's national property purchase tax was supposed to improve affordability. Not so says the Vancouver real estate market. For now, that plan is blanketed with snowflakes of escalating home prices.

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Taxes, Rain on Vancouver Average Home Prices

Sunshine and Lots of Rain

Our government's sunshine dream that a foreign national property purchase tax would improve affordability, has after two solid months of rain, washed away. The accumulation of rain appears to have affected the Vancouver market as average prices once more floated upward.

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