Condo seller accepts only offer in a slowing market

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 92%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Renovations have been done to the 731-square-foot one-bedroom-and-den unit, including wide-plank oak floors, lighting, and an updated kitchen and bathroom

The bright unit has curved window walls in the living area and a galley kitchen. The urban view from the ninth floor is of the Yaletown Roundhouse community centre.Prices for quality condos aren’t declining, but they aren’t increasing, either, Mr. Albrighton said.

“Inventory in late March for condos had increased with more options for buyers becoming available,” Mr. Albrighton said. “Also, the increased interest rates have slowed some buyer decisions.”to help you stay on top of news on the housing market, mortgages, the latest closings and more. Sign up today.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The buyer was convinced to offer over asking even w/o multiple offers…

After 5 years in office, Horgan today is announcing curbs to the housing market. This is curiously timed to the market correcting itself in a new climate of rapidly increasing interest and soaring inflation. I guess he will take credit for that.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines