Impact of Trump tariffs on Metro Vancouver real estate likely short-lived: report
- The Greater Vancouver Realtors report states that the impact of possible tariffs from the United States would likely be short-lived, according to their annual sales forecast.
- The forecast predicts a total sales increase of 13.9 percent this year, as lower borrowing costs may finally stimulate sales activity in the first half of 2025.
- The average home price is expected to rise by 4.1 percent to $1.3 million across the 15 jurisdictions represented by the association.
- The report notes that political changes and potential tariffs could negatively impact the housing market if a recession occurs, reducing the pool of buyers.
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Coverage Details
Total News Sources0
Leaning Left16Leaning Right3Center0Last UpdatedBias Distribution84% Left
Bias Distribution
- 84% of the sources lean Left
84% Left
L 84%
R 16%
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