Despite drops in sales and prices in Vancouver, a national report has just named the city as the top Canadian real estate market to watch in 2017 and millennials are playing a large part in that.
Emerging Trends in Real Estate 2017 suggests investors are continuing to shift from residential to mixed-use projects that combine housing with retail or commercial.
There are also predictions of more pressure on affordability over the next five years as increases in immigration keep demand for housing high.