Vancouver Showing Promising Recovery Signs

Under News & Updates

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Written on August 12th, 2019

Are you looking into buying a home in Vancouver, because now is the time!
As Neil Sharma explains in the todays article, “Vancouver Showing Promising Recovery Signs”, last year the single-family market was virtually non-existent, however now there is definitely reason to be optimistic as we are starting to see normal activity within the Vancouver real estate market again!
As Neil further explains, “the benchmark price for detached properties remains exorbitant at $1,417,000, however, it’s a 10.5% year-over-year decrease from July 2018 and a 0.5% drop from the previous month. Moreover, the Canada Mortgage and Housing Corporation just designated Vancouver’s housing market stability as moderate after being highly vulnerable for the past THREE years.”This comes as great news for Vancouver home buyers, as buying a home becomes less of a challenge!
Are you looking to buy a home in Vancouver? Make sure to CONTACT US with any questions you may have, we are happy to help!
For Neil’s full article from Mortgage BrokerNews, make sure to click here: https://bit.ly/2TrEPrX

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