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Alpine · 05-20-2020, 04:23 PM

I think we are going to continue to see the entry level detached market (ie. under 1.5) perform very well relative to the attached market. Potential price drops should hit the attached market much harder than the detached market. The detached home has always been the holy grail for most of us (and certainly anyone that has ever lived in a strata). Lower prices will be an incentive to move up/trade up if possible. We saw the entry level detached market prices bounce starting July 2019, and prices were continuing to go up In this segment until covid struck.

05-20-2020, 04:23 PM	#15530
Alpine Need to Seek Professional Help Join Date: Jan 2005 Location: Van Posts: 1,070 Thanked 550 Times in 295 Posts Failed 27 Times in 15 Posts	I think we are going to continue to see the entry level detached market (ie. under 1.5) perform very well relative to the attached market. Potential price drops should hit the attached market much harder than the detached market. The detached home has always been the holy grail for most of us (and certainly anyone that has ever lived in a strata). Lower prices will be an incentive to move up/trade up if possible. We saw the entry level detached market prices bounce starting July 2019, and prices were continuing to go up In this segment until covid struck.