condo market and here's why. Greater Vancouver condo prices peaked in January 2018 at an average price of $751,632 which is approximately eight per cent higher than today's average. COVID-19 exposed us to the limitations of condo living and also changed how condos are used. Over the next few months, or year, I'm expecting to see further cracks in the condo market. If the condo inventory continues to trend higher and prices drop, it should result in a strong buyers' market.

Source: CBC News September 27, 2020 15:00 UTC