Vancouver Housing Market back to Stable – 溫哥華獨立屋價格回歸平穩?
Vancouver Housing Market back to Stable – 溫哥華獨立屋價格回歸平穩?According to the deputy chief economist of Central 1 Credit Union – Metro Vancouver detached home prices should stabilize later this year but condo prices will continue to fall…
Deputy Chief Economist from Central 1, Bryan Yu says that he will see some stabilization by the end of this year on the detached housing market. But, for the condo prices, it might keep dropping down due to more condos out on the market, the downward pressure will continue.
Central 1 released its Resale Market Housing Outlook 2019-2021 May.28th’s morning; Bryan also mentioned that the detached homes market will stabilize faster than the condo/apartment market because of the housing market has been dropped for a longer period of time.
The report, written by Yu, said the Metro real estate slump is not related to the economy, which is expanding. Instead, it is being driven by government policy at all three levels of government. The federal government has put in place stress tests for new buyers, meaning they have to be able to afford payments at a higher interest rate than the rate on offer. The provincial government has increased its foreign-buyers tax to 20 percent, forcing more foreign investors away from Vancouver housing, while the City of Vancouver has introduced a tax on high-value homes that are left vacant.
Other than Vancouver, the Islands are doing OK, Northern BC’s market is rising, and it might keep rising for the next 1 to 2 years.
What about the interest rate? Don’t worry, Yu mentioned the interest will be steady in 2019-2021.
According to the Real Estate Board of Greater Vancouver’s monthly report for April, “reduced demand and increased MLS Vancouver inventory remain the trend across Metro Vancouver’s housing market.” This had led to an 11 percent fall in the benchmark price of a detached home over the past year to $1.425 million, and a 6.9 percent drop in the benchmark price for an apartment to $657,000.
溫哥華獨立屋價格回歸平穩?
根據Central 1 Credit Union的副首席經濟學家的說法,大溫哥華地區的獨立屋房價將在今年年底的時候穩定下來,但公寓價格將繼續下跌。
“我們預計到今年年底會有一些穩定,我們將看到這些價格趨於穩定,”布萊恩·余談到地鐵的獨立式住宅,自2017年以來價值下跌。
然而,在價格過高後開始下跌的公寓價格將繼續下跌。
“如果我們看一下市場已經下滑的地方,那麼到目前為止,它一直處於獨立市場,”余先生說。他表示,隨著市場上出現更多的公寓大樓,價格將繼續面臨更多的下行壓力。
他表示,獨立式住宅的市場將比公寓更快地穩定,因為獨立部門的價格已經下降了很長時間。
Central 1週二上午發布了2019-2021的轉售市場住房展望。
這份由余寫的報告稱,地鐵房地產市場的蕭條與經濟增長無關,而經濟正在擴張。相反,它受到政府三級政府政策的推動。聯邦政府已經為新買家進行了壓力測試,這意味著他們必須能夠以高於報價的利率支付報酬。省政府已將外國買家的稅率提高到20%,迫使更多的外國投資者遠離溫哥華的住房,而溫哥華市則對空置的高價值房屋徵稅。
Yu在報告中引用了這一聲明:“由於聯邦和省政策的高潮繼續嚴重影響需求,因此對BC省房地產市場好轉的希望早已破滅。”
他說大溫哥華市場特別糟糕,而溫哥華島市場表現不錯,而在BC省北部,市場正在上漲。
“溫哥華地區以外的房價仍然堅挺,”餘寫道。“溫哥華島的庫存仍然很低,這繼續支持價格水平。Okanagan的較大市場正在走低。卑詩省北部的價格普遍上漲,與液化天然氣相關的區域勢頭強勁。“
他發現,卑詩省北部的房價在未來兩年內將繼續快速上漲。
Yu表示,在2019-2021研究期間,預計利率將保持低位穩定。
根據大溫哥華房地產委員會4月份的月度報告,“需求減少和
這份由余寫的報告稱,溫哥華房地產市場的蕭條與經濟增長無關,而經濟正在擴張。相反,它受到政府三級政府政策的推動。聯邦政府已經為新買家進行了壓力測試,這意味著他們必須能夠以高於現有利率來評審。省政府已將海外買家的稅率提高到20%,迫使更多的外國投資者遠離溫哥華的房地產市場,而溫哥華市政府則推出空置和高價奢侈稅。
Yu在報告中引用了這一聲明:“由於聯邦和省政策的高潮繼續嚴重影響需求,因此對BC省房地產市場好轉的希望早已破滅。”
他說大溫哥華市場特別糟糕,而溫哥華島市場表現不錯,而在BC省北部,市場正在上漲。
“溫哥華地區以外的房價仍然堅挺,”餘寫道。“溫哥華島的庫存仍然很低,這繼續支持價格水平。Okanagan的較大市場正在走低。卑詩省北部的價格普遍上漲,與液化天然氣相關的區域勢頭強勁。“
他發現,卑詩省北部的房價在未來兩年內將繼續快速上漲。
Yu表示,在2019-2021研究期間,預計利率將保持低位穩定。
根據大溫哥華房地產委員會4月份的月度報告,“需求減少和 MLS Vancouver 供應量增加仍然是大溫哥華地區住房市場的趨勢。”這導致過去一棟獨立住宅的基準價格下降了11%。年度為140.5萬,公寓基準價格下降6.9%至657,000。