Here’s a look at some of what’s being said about the housing market during these pandemic times…
The average house price in Vancouver has risen 2.92 per cent over a year ago.
Source: cbc.ca
May’s increase could mean a structural change to the market.
Source: financial post.com
Banks warn historic price declines coming.
Source: mortgagebrokernews.ca
As Nexus Realty clients know, and as you can readily see by checking Sold Properties, any perceived unsettling aspects included in these reports are not consistent with what's being experienced by us.
So even when using the facts, the conclusion is that there is no conclusion, only speculation about what the future could hold.