February 2018 Housing Market Update in Greater Vancouver
We will see if these changes will force some non-resident investors who own multiple properties, to start selling some of them. This might increase the number of listings in the near future. These changes might create fear among some of the speculators and eliminate them as buyers. It usually takes 6 months or more before we see a change of trend.
Here is an informative video about the market:
If you have specific questions about your own investment and when it is the best time to sell or buy, we will be happy to answer all your questions.