As I’ve been saying for many years on my blog, market’s don’t go up forever and one of these days we will see the price of Vancouver condos start to decrease. The latest stats from the Vancouver Real Estate Board are out and they still show a strong sellers' market for Downtown Vancouver condos. The story continues to be high demand especially for 1 bedroom units and condos priced under $900K and limited supply (units listed for sale on the MLS). The detached market is a different story, where we have now officially slipped into a buyers' market with the sales to active listings ratio (the only stat that really matters) at 10%. Condos for the entire Vancouver region are at a sales to active listing ratio of 27% and much higher for downtown Vancouver condos. A sales to active listing ratio of under 12% = buyers market 12-20% = balanced market over 20% = sellers market Right now, the Downtown Vancouver market priced under $900k is well over 35% active sales to listings which equals a strong sellers market. How long the strength in Downtown condos lasts is anyones guess.. some would say we are seeing early signs of it starting to come down. Am I tempted to sell my investment properties at near record prices and buy back in after the dust settles in 2 or 3 or 4 or ??? years. Not a chance! Just like I was not tempted during the last 2 or 3 market corrections we experienced. In this video I explain my philosophies on investing and why I will continue to hold and collect my cash flows.