Today’s condo market has meant strong demand and little supply, with the rise of land value now outstripping the building’s worth. With or without the Stress test and with or without any rate changes, prices WILL continue to go up as supply simply cannot keep up with demand.
Its an exciting time to Buy and Sell in BC! and if you're thinking you can't afford to enter the market, think again! and if you're an investor looking to invest more, there are ways to do that as well.