I have been to vancouver just once, and it felt like a much better city than SF is. I have been following the market for about 2-3 years out of curiosity. The “0.3% drop” in january seemed like a red herring (and it’s almost like noise at that level), but thoughts?
I agree with Manch. It’s crazy expensive there. There are even fewer rules on foreign buyers so rich HKers snap up tons of properties. Makes bay area look like the Central Valley prices, especially when the CAD was strong against the USD.
I don’t mind Vancouver but it lacks the excitement and dynamism of the Bay Area. On the other hand it doesn’t have needles and feces on the streets so I can see the appeal there.
Funny you mention this @marcus335. I have many friends who used to live in Squamish and Whistler who are now selling and moving to Pemberton and the Sunshine Coast.
Squamish - what used to be a bit of a ghetto - is now too expensive!! Madness.