VREP #380 | Another BoC Rate Hike & A Summer Market Slowdown? With Kyle Green
Vancouver Real Estate Podcast
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The Slowdown in the Real Estate Market
In hindsight, I think the government sort of recognized that this was not transitory. But it's just taking a hell of a longer than they thought. And so we're expecting a bit of a mini boom. Probably 2025 is a reasonable expectation for that, but it could be as early as late 2024. The demand shock because we're in a period in which there's very little supply coming to market in terms of new supply.
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