Reopening B.C.: Priorities changing as real estate market ramps up

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\u0022Personal safety bubbles\u0022 will increasingly be important as buyers will want larger lobby areas and more space around elevators so they can maintain physical distancing.

“We’ve always had a lot of access to green space where we live, but we wanted more privacy,” she said.

This week, the CMHC’s deputy chief economist Aled ab Iorwerth also warned that any predictions it makes over the next few months are subject to significant swings because of coronavirus-related uncertainty.Article content continued Saretsky said there has been a “noticeable increase in inventory” in recent weeks for all new listings on the MLS.At the beginning of June, the number of new listings for all housing types increased to 1,321 for the Greater Vancouver area, with only 434 sales. This was the highest number of new listings up to that point in the year. In March, before the shutdown, the number of new listings had hit 1,267 and there were 672 sales.

Geller said following pandemics of the past, such as the 1918 flu, architects and builders made changes that became the norm, such as powder rooms to keep guests from using a home’s main bathroom and built-in bathtubs that are easier to clean and disinfect. Applegath thinks the one habit that will really take hold and continue to be valued after the pandemic is video conferencing. Whether you are in a spacious, detached home or smaller condo, there will be a need for comfortable, flexible and quiet areas to jump online and see friends, family and colleagues.

 

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