Real estate market starts 2012 with low supply

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 just over 14,000 listings available. We start the New Year with just over 10,400 listings … Read more

Local Real Estate on May Day…

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 so few new buyers in the market. So if you are selling and you want … Read more

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