Posted: Feb. 6, 2023 7:18AMHouses are covered with snow as the downtown skyline is seen in the distance, in Vancouver, on Wednesday, December 21, 2022. The British Columbia Real Estate Association says the chill across the province's real estate sector will drag on through 2023, but it calls for a strong rebound next year.
But he is looking forward to 2024 when the association says a healthier economy, lower mortgage rates and “record high” immigration should fuel home sales again. It says even though home listings remain scant, prices have fallen because of what the association calls the “abrupt shift” in market conditions, and it says rates should stay “relatively flat” for most of this year.Trends in Victoria and Vancouver Island look similar to the provincial forecast.
You know what drags the market...LANDLORDS!! Investment housing is parasitic! Housing is a right, not an option.
that's the plan, own nothing...but you will be happy! and if not, you can have MAID!~