In the long term, Vancouver housing prices are heading

"We remain optimistic about growing sales activity and stable pricing and don’t expect to see any drop in activity as we historically often do during Summer.

"Sales volumes remain low overall and consumers need additional time to adapt to the new reality as we re-open the economy.

As we transition into reopening businesses and services once again, we at MLA Canada are committed to ensuring we provide a safe and thoughtful experience for all those that we have the privilege of working with.

Shopping for a home is an exciting time for everyone. As owners, it is thrilling to have a new home to call your own.

"The market momentum created in Q1 was clearly impacted as expected with April stats taking a dramatic slide down from March last month as well as April 2019. End-users will continue to keep the market going in the short-term as buyers fully adjust to the new normal.

"The market had been on a steady but sustainable upward trend since late 2019 and therefore it’s obviously disappointing to see this pull back.

Searching for a newly constructed home can be very exciting. Buyers often visit our Presentation Centres multiple times with various friends and family members both before and after their purchase.

As the COVID-19 concerns continue to escalate so does our social responsibility.