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What you should note though, is while experts are saying that there might not be record highs in the real estate market this year, you also shouldn’t expect record lows – but the bright side is that the market is definitely much kinder for buyers this year. If you’re concerned that the rate might increase again after this standstill, then it’s probably time to take the leap and look for your dream home as soon as possible.

If you want to keep yourself updated with the latest on market trends, firms like Vancouver Canada Homes should be able to help you out. Always consult with a reliable REALTOR before you decide on buying real estate in Vancouver, BC.