Quote:
Originally Posted by whatnext
So is it better to be only down 44% from a dismal previous year or up 36% from the previous plague month?
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Unless you're a real estate agent, those numbers don't mean a whole lot for the average Vancouverite.
The Straight and the Sun agree on one thing, housing prices have not gone down and in fact continue to increase 1.4% over 3 months and 2.9% YOY. Seems like COVID is another failed bubble popping prophecy that is failing to come true.
People still want to buy houses here (though perhaps fewer) but now there's even fewer on the market so prices are just going to keep on increasing. Isn't this what people on this forum have been complaining about for a while? Housing in Vancouver is supply constrained, not demand constrained.