skip to Main Content
Housing Momentum Slowing, But More Supply Still Needed

Housing momentum slowing, but more supply still needed

Affordability was the elephant in the room at the annual Urban Development Institute (UDI) forecast luncheon on January 18. While few panellists mentioned it by name, its shadow fell across the conversation moderator Jon Stovell of Reliance Properties Ltd. had with Ward McAllister of Ledingham McAllister, Todd Yuen of Beedie Industrial and Kevin Layden of Wesbild Holdings Ltd.

Layden was the most blunt in his forecast for real estate in 2018.

Vancouver Real Estate News, Market Updates, Insider Tips, Stats, & Analysis

Sign up for insider real estate news & tips from our podcasting team.

Are you a realtor? Click here
Selling Your Home? Click here

  • Reload
  • Should be Empty:

“We’re running out of momentum,” he said. “Every aspect, whether it’s interest rates or demand-side measures, is going to slow us down. I think it’s just a question of time.”

Continue reading the full story here >>

Leave a Reply

Your email address will not be published. Required fields are marked *

Back To Top