Workflow
温哥华楼市熄火!开发商停工,房市寒冬要来两年?
Sou Hu Cai Jing·2025-05-13 01:30

Core Insights - The Vancouver real estate market is expected to face significant challenges over the next two years due to the disappearance of foreign capital and historically low interest rates, along with severe inventory backlogs and stalled projects [1][2][3] - The Liberal Party has announced a housing plan aiming to add 500,000 new housing units annually, with a funding commitment of CAD 25 billion and CAD 1 billion for prefabricated housing [2][3] - Experts emphasize the need for tailored housing solutions that address the unique challenges of the Greater Vancouver area, rather than broad, generalized policies [3][5] Group 1: Market Conditions - The current market downturn in Greater Vancouver is characterized by a significant increase in completed unit inventory, with many developers halting sales and marketing efforts [5][6] - The pre-sale market is projected to see a 47% decline in the first quarter of 2024, marking one of the worst quarters in market history [5][6] - Despite the inventory of approximately 4,700 new apartment units for sale, prices have not drastically dropped, as developers are willing to sell at reasonable prices [6] Group 2: Expert Opinions - Industry experts argue that the housing crisis in Vancouver has been exacerbated by decades of low interest rates and easy credit combined with foreign capital influx [3][5] - There is skepticism regarding the federal government's ability to provide affordable housing solutions, with only 35% of respondents in a recent poll expressing trust in the Liberal Party's plans [3] - The need for leadership that considers long-term economic rebuilding and attracting talent to Canada is emphasized by industry leaders [2][3]