Quote:
Originally Posted by cabotp
I think the work from home idea is a big factor in this.
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I agree, it's likely to be a factor. And anyone waiting for prices for houses to fall in the Fraser Valley will probably have realized that's unlikely to happen, and with mortgage rates as low as they are, they might as well buy sooner rather than later.
On the other hand apartment prices are certainly not increasing Downtown, and there are more options on the market as some investors are looking to sell, especially if they had short-term rental property. The new regulation on those, combined with collapse in demand must be putting more apartments into the market.