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Old 03-04-2014, 07:18 AM   #2089
AWDTurboLuvr
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Quote:
Originally Posted by iEatClams View Post
I dont see it happening imho. Too many articles on a crash. Every year its the same thing and market has been relatively flat. People predicting crashes wont see it happening soon. Although i dont see it dropping 30%, i also dont see it appreciating either. Most likely market will be decreasing a few % per year or stay flat.
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Weekly Drop Metro Vancouver Detached ? March 3, 2014 | Vancouver Price Drop

I don't know, asking prices have been coming down for the last few years and overall, most are down ~15%. It's all fine if the sellers don't need the money right away or didn't buy around 2009-2010 thinking price would keep appreciating and wanted to make a quick buck. If they did though, well, not looking that pretty.
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