CMHC’s Housing Market Outlook – Fall 2017

The Fall 2017 edition of CMHC’s Housing Market Outlook – Vancouver and Abbotsford is now available and can be accessed by clicking on the link below.

http://www.cmhc-schl.gc.ca/odpub/esub/64363/64363_2017_B02.pdf

-Modest price increases, more activity in the condo sector than houses and continued high increase in new product

-Rental demand is expected to remain high through the forecast period, buoyed by positive net migration and a sustained imbalance between incomes and home prices in the metropolitan area.

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Posted in Market News.