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This report is intended to be a guide for homeowners or prospective homeowners of single family homes on Vancouver’s North Shore (North and West Vancouver). The content should help readers understand the multiple factors that will or may impact the price of these homes over a 3-5 year time horizon. Wherever possible, I’ve attempted to write in plain language and avoid excessive use of numbers and graphs in order to make it accessible to readers that don’t indulge in the subject matter regularly.
Some of the factors that will be discussed at some length include:
– Demographic changes that affect both supply and demand
– Macroeconomic factors like the labour market and overall growth of the economy
– Past policy changes and possible future changes at all 3 levels of government
– Local trends and events that will impact supply/demand and the valuation of property
– How all of the above affects psychological decision-making of market participants
Market Playbook – Click here to read the full report.