Metro Vancouver housing market shows resilience in 2020.
After adapting to the COVID-19 environment, local home buyer demand and seller supply returned at a steady pace during the summer and intensified in the fall and winter seasons. Shifting housing needs and low interest rates were key drivers of this activity in 2020. Looking ahead, the supply of homes for sale will be a critical factor in determining home price trends in 2021.
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Victor Song PREC*
Royal LePage Sterling Realty
604-779-8408
info@victorsong.com
www.victorsong.com
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