Sellers Market? Today, depending on the inventory available in your immediate area, you might very well be in a sellers market, but this will probably only last for a few months until many of the expired listings from 2013 get
In September 2011 we were still in a buyers market with over 18,000 active listings in this geographic area serviced by the Real Estate Board of Greater Vancouver. By December 1st we had returned squarely into a balanced market with
In March we said goodbye to 35-year amortizations, and with concurrently rising interest rates the entry-level buyer pool has now basically dried up through April. This means that Sellers wishing to move up will have more and more difficulty with
Real Estate Highlights of 2010 – continued… Buyer’s Market On April 27th I posted, “Hello Buyer’s Market!” to let my clients know we were in a Buyers Market. It was four months later that the chief economist of the Real
It’s been a buyer’s market since April and the return to a balanced market is almost here.
…at least according to commentary in a publication regularly inserted in a local newspaper, which is widely circulated throughout Greater Vancouver and Fraser Valley communities: http://www.newlocalhome.com/editions/nlhr100722 The assertion, “…Homebuying is Easy,” seems to be based on the supply of homes
The Canadian Real Estate Association provides a monthly overview of the housing market in Canada. CREA compiles statistics of properties sold through MLS and tracks market trends for prices and properties sold. According to a recent report in The Ottawa