Home sales registered on the MLS® in Metro Vancouver for the month of March were the lowest going back to 2019 for the same month, while active listings continue to their upward trend.
March home sales in the Fraser Valley remained nearly 50 per cent below the 10-year average — making for the slowest start to the spring market in more than 15 years.
Homeownership has become more affordable over the past 12 months, and we expect further rate cuts this spring. Buyers will also benefit from increased choice, giving them greater negotiating power. Home buying activity should improve once consumers feel confident in the economy and job security.
When selling your home, it is essential to present it in such a way that showcases its best features and minimizes or rectifies problem areas. Many surveys have proven the importance of home staging as a powerful real estate marketing tool that helps sell your home faster and for top dollar.
With spring just around the corner, many homeowners have gardening on their minds. The seed catalogues are well worn from repeated flipping of pages. Seeds have been ordered, and some early bedding plants have been started.
Residential property can be a great investment selection, but you need to buy well to secure the best return.
Knocking down an old home to build another can prove a rewarding move. But, it requires careful consideration.
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