About $2500 - $2800 depending on your mortgage rate.
The link I posted today suggests that there won't be a collapse. The bubble isn't predicted to burst ( no longer a highly vulnerable rating) , though we still might see a slow decline in prices.
Anyway, here's another email excerpt from one of my optimistic realtor friends for you to have a laugh at.
Home Sales Increase In July
Home buyer demand picked up across Metro Vancouver last month, making July, a traditionally quieter month in real estate, the second highest selling month this year. Home sales totalled 2,557 in July 2019, a 23.5% increase from July 2018, and a 23.1% increase from June 2019.
Last month’s sales were 7.8% below the 10-year July sales average.
Price wise, detached homes are down 10.5% from July 2018, condos down 8.8% and townhomes are down 9%.
The sales-to-active listings ratio is 13.5% for detached homes, 20% for townhomes, and 22% for apartments.
A number higher than 20% is considered a sellers market.