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Would the property prices rise in Vancouver after Meghan Markle and Prince Harry s decision to live there - Parkers Legacy

Would the property prices rise in Vancouver after Meghan Markle and Prince Harry s decision to live there

You mean even more than they have risen already?Actually the local market is slowing right now and prices are stagnant.One couple buying one house, even a fancy one will not affect the market.

The market is supply and demand.The supply of condos seems to be catching up with demand considering there are thousands of condo suites in dozens of projects under construction at this time.Couple that with the prices having risen so high that most local people are priced out of the market which has suppressed demand.

Besides, it is as likely they go to live in the Victoria area and not Vancouver.While the people of greater Vancouver are OK if Harry and family move here, we are not going nuts over the idea either.