There are many statistics floating around estimating how much prices have dropped so far in Vancouver during this past year. These stats are often too general or biased to be considered fully reliable. Shawn Brown of West Haven Group explains why.
Vancouver real estate market
2018 was an interesting year for Vancouver real estate. The three preceding years had seen a very hot and competitive market, but this changed suddenly last March. Even with the shifting market, there are still opportunities for savvy buyers and investors.
Every once a while, one spots a listing that epitomizes Vancouver’s sky high, outrageously expensive real estate market. 2573 West 3rd Avenue in Kitsilano is one such listing. The 1912-built former rooming house was damaged in a fire late last year. Now the partially demolished structure, and more importantly, the lot it sits on are […]