It would be a good thing, but I doubt that we will get a pause that will make any difference. House on my street (empty) here in Richmond sold for 1.8 million in July, now back on the market for 2.2 million. This will be the seventh sale for this particular house - it is just a receptacle for money until it is flipped again. And again.

When it gets torn down - and it will as it is falling apart - and rebuilt, the listed value will probably be a million dollars more.

Sf detached will never become affordable for most metro Vancouver cities.