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We've begun 2020 with steady home buyer demand that tracks close to the region's long-term average. Looking at supply, we’re seeing fewer homes listed for sale than is typical for this time of year. As we approach the traditionally more active spring market, we’ll keep a close eye on supply to see if the number of homes being listed is keeping pace with demand.


To better understand conditions in your property type or neighborhood of choice, just give me a call and I can help you develop a strategy to reach your long-term real estate goals.

Victor Song, PREC

604-779-8408

victor@victorsong.com

www.victorsong.com

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Home buyer confidence was a factor throughout the year. In the first quarter, many prospective buyers were in a holding pattern, waiting to see how prices would react to the mortgage stress test, new taxes, and other policy changes. Confidence started to return in the summer, and we saw above average sales in the final quarter of 2019.


To better understand conditions in your property type or neighborhood of choice:

‍Victor Song, PREC

604-779-8408

victor@victorsong.com

www.victorsong.com


Read

 

After a quieter first half of 2019, home buyer activity has returned to more historically typical levels in Metro Vancouver. In today’s market, the intensity of home buyer demand depends on neighbourhood, property type, and price point.


To better understand conditions in your property type or neighborhood of choice, just give me a call and I can help you develop a strategy to reach your long-term real estate goals.

Victor Song, PREC

604-779-8408

victor@victorsong.com

www.victorsong.com

Read