Now that we are in the dog days of Summer i’m starting to see the market take it’s usual summer slowdown. Buyers and Realtors are on vacation and very few new listings are hitting the MLS. Will prices start to also come down as we move into Fall? I really have no idea... much of it will depend on how much inventor we get in the form of new listings. This past Spring that normal increased inventory never materialized. We also have owners who are on fixed term mortgages start to come up for renewal and our new higher rates. This might cause for some increased selling especially in the investment condo side. On the positive side this might make for some good buying opportunities.
Thanks to all the viewers and commenters on all my videos. As a busy Realtor I may not have the time to reply to all comments here. Some of your questions can be answered by going through my many videos posted here on my channel. But I will do my best to respond when I can. Appreciate everyone who is watching and commenting!
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OWEN BIGLAND
Bigland Realty Group
MACDONALD REALTY WESTMAR
c: 604.889.1118
e: owen@owenbigland.com
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2018 - 2022 Medallion Club Member, Top 5% of Greater Vancouver Realtors
2018 - 2022 Macdonald Realty Westmar, Top Producer in Annual Sales
VANCOUVER BC HOMES & CONDOS
GREATER VANCOUVER BC REAL ESTATE FOR SALE
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