Metro Vancouver real estate market to stabilize in coming months, says economist

  • 📰 BurnabyNOW_News
  • ⏱ Reading Time:
  • 36 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 77%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The Metro Vancouver housing market is in a healthier position for first-time homebuyers or someone looking to get into the real estate market, says one expert.

As Metro Vancouver moves out of a quieter summer season for the housing market, home prices are expected to stabilize in the next three months, according to the British Columbia Real Estate Association .

The BCREA 2022 Third Quarter Housing Forecast Update released Sept. 8 says this is somewhat due to major shifts in the composition of sales toward less expensive homes, but also largely as a result of significantly depressed sales activity. Because of the steep increase at the beginning of the year, “home prices averaged across all of 2022 will still end the year up 4.4 per cent but average price levels will be slightly lower in 2023,” the report said.

“Right now, I think it'd be better if sales were a little higher, inventories were a little higher and markets were kind of balanced in that way. Instead, sales activities are pretty slow, inventory’s up but kind of plateauing,” he said.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 14. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Vancouver Office Market Steady Despite AAA Vacancies & Hybrid WorkFrom mid-2021 to mid-2022, Class AAA office space has had the highest vacancy in downtown Vancouver. AvisonYoung | realestate realestatenews realestatemarket BC
ソース: storeyspub - 🏆 16. / 74 続きを読む »

Vancouver Office Market Steady Despite AAA Vacancies & Hybrid WorkFrom mid-2021 to mid-2022, Class AAA office space has had the highest vacancy in downtown Vancouver. AvisonYoung | realestate realestatenews realestatemarket BC
ソース: storeyspub - 🏆 16. / 74 続きを読む »