News Formal

What Metro Vancouver realtors are saying about the housing market

  • 📰 VancouverSun
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 61%

United States News News

United States United States Latest News,United States United States Headlines

Here\u0027s what some Metro Vancouver realtors are experiencing on the ground across the region\u0027s housing market.

I don’t think rising interest rates are going to have much of an impact.

It’s very few who are struggling to get into the market because of interest rates. I sold a penthouse a few months ago, and everybody who came to see it was probably 30 years old and it’s an $8.5 million place. Vancouver is so bizarrely unique.Article content The market was super hot, and now I think people are taking a breather. It’s slowing down to a normal rate instead of slowing down to a panic situation. We are not going to see a big correction in prices, as long as people still want to live in Vancouver.Squamish and Sea to Sky corridor

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:

 /  🏆 49. in US
 

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

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Vancouver real estate market beginning downturn that could last 2 years, expert saysA Vancouver real estate and property tax expert believes Vancouver’s real estate market is seeing the start of a downturn that could last up to two years.
Source: CTVNews - 🏆 1. / 99 Read more »