Vancouver's Changing Real Estate Market for Buyers
August 26th, 2008
It’s a Buyer’s market!!! The Market has taken a full turn
form a very active Sellers market over the last 3 years to a much slower Buyers
market. We have seen many more listings coming on the market and over 40% less
sales taking place from the same period last year.
As the market changes we need to be able to change along with it. This means being more educated on the changing market and unfortunately for Sellers it means being more reasonable with the list price of their homes. With so much competition out there homes are not selling for the same prices they could have last year, nor are they selling as fast.
As the market changes we need to be able to change along with it. This means being more educated on the changing market and unfortunately for Sellers it means being more reasonable with the list price of their homes. With so much competition out there homes are not selling for the same prices they could have last year, nor are they selling as fast.