As is typical in all housing corrections, luxury properties are the first on the chopping block while also suffering the steepest of price discounts. This is ultimately the result of a much smaller buyer pool that, when it shrinks, creates liquidity constraints. As the housing cycle turns, and liquidity dries up the luxury market becomes […]
The post Vancouver’s Luxury Housing Market Accumulating a Logjam of Inventory appeared first on Vancity Condo Guide – Steve Saretsky.
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