, 4 tweets, 3 min read Read on Twitter
Good survey of the state of #VanRE by G&M. Still in the early innings as sellers are still in denial waiting for the market to turn. Remember, price follows volume.
h/t @paranoid_bear theglobeandmail.com/real-estate/va…
An avocado toast eating, Mandarin speaking, former landscaper, #VanRE broker says prices in West Van have fallen by a third since the peak in 2016
3/ Meanwhile, early signs of distress are starting to show up with the folks that handle foreclosures
4/ Keep an eye on this chart....feels like things are just getting started in #VanRE
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