Quote:
Originally Posted by UFO
Welcome to 3 years ago... it`s a better time to get into the market now than it was 3-5 years ago. I don`t think rapid rise in prices has been mentioned by anybody for a while now, things have levelled off in a big way if not taken a slight dip, from my casual observations
There certainly are good deals available now for near new units as some are cashing out or getting out of the market due to market uncertainty. For those who must buy presale and new for whatever reason, maybe not.
If your finances can manage it, now is not a bad time to buy to live. You can argue that things may be cheaper in a couple of years, and many signs point to that happening, but there`s always the element of risk (and will the market drop enough to offset what you will end up paying for rent until you buy, whenever that may be). If you`re buying to invest, probably not a great idea.
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I see you drank the cool aid
Vancouver is still unaffordable, prices have 20-30% to come down, and they will