As someone who approaches Vancouver’s property market with both analytical insight and a designer’s eye, I’ve been closely following the latest CMHC projections. Their recent report anticipates a decline in Metro Vancouver housing starts through 2028, with condo construction reaching historic lows. This trend is shaped by a combination of slower population growth, ongoing economic uncertainty, elevated mortgage rates, and weaker income growth. Interestingly, while new builds are expected to slow, the resale market is set to recover sooner, with prices remaining stable overall. For those considering their next move—whether buying, selling, or investing—these shifts highlight the importance of having the right data and a strategic approach. In times like these, making informed decisions is essential to navigating a changing market with confidence.
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