Interest rates will rise this year to curb inflation in Canada, which will work as it did before. Real estate prices in Vancouver won’t stop anytime soon. There’s such a disparity between local income and international investment, that it will turn into some place like Orange County (or somewhere like that.. can’t remember which city exactly) where 80% of its own residents cannot own - they rent. While rich investors from local but mostly from abroad take stakes in most of the real estate.