The Metro Vancouver Real Estate Thread

[misher]

Originally Posted by whatnext

Things are looking ugly out on the Valley, where working locals could actually still afford to buy:

Fraser Valley Condo Sales Drop 50%, Inventory Rises 153% in October
https://vancitycondoguide.com/fraser-valley-sales-drop-inventory-rises-in-october/

That's not good a lot of the workers there work in the construction industry or associated businesses. I still remember the mayor of West Kelowna fighting the speculation tax tooth and nail because he was worried about the impact on the economy.