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However, it’s essential to keep an eye on broader economic factors. Interest rates, inflation, and changes in government policies could affect buyer sentiment. Vancouver’s high housing costs might lead to slower sales as potential buyers face affordability issues, making the market more competitive and possibly leading to price adjustments. If you’re planning to sell, you’ll want to weigh the pros of potential price stability against the cons of market uncertainty. Additionally, consider the long-term implications of selling, especially if you're planning to move into another property in the city where prices could still be steep.
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