A report from BMO Capital Markets looks at the factors favouring continued growth and those that could send real estate prices downward.
Every home buyer and seller wants to know where housing prices are going, particularly here in the hyper-inflated Metro Vancouver real estate market.
A report from BMO Capital Markets looks at the factors favouring continued growth and those that could send real estate prices downward. The verdict? "A soft landing" with both sales and prices steady. But the report warns that Vancouver's heady climb makes this area vulnerable to a correction.
This synopsis of the BMO Special Report is a quick read that does a good job of explaining the elements that affect housing prices.
