The market continues to slow down as the summer is in full swing and buyer’s of freehold homes continue to stay on the sidelines. A stalemate of sort is taking place between buyers and sellers over the $1 million mark. Surely to fuel bearish bets on the market are June’s sales figures, although while sales are down, prices are still up year-over year. In contrast, Vancouver’s real estate market is heating up again after their lull from the non-resident tax has petered out, specifically in the condo segment.
If you are looking at buying, the best strategy right now is to be ready when the right opportunity presents its self. As such, I thought now would be a great time to highlight fundamentally sound properties that you could try a low-ball offer on.
Email me directly for the properties I have chosen.
-Nick, July 7/2017
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