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Market Update February: Seller's Market
Manage episode 355637625 series 2794891
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While real estate has slowed down compared to the peak demand in 2021, the market still remains a seller's market, with a low supply of homes for sale and high competition for those that do become available.
James and Denny share what they are currently seeing in the market and emphasize that conditions can vary depending on the type of property, location, and other factors.
This episode will cover the current state of the Vancouver market, low inventory still a problem, strong seller's market, 0.25 rate increase, BC Assessments, townhouses still selling strong, current real estate opportunities, and future predictions.
Podcast Videos can be found on the Garbutt + Dumas Real Estate Team YouTube channel - https://www.youtube.com/channel/UCHK2L-KswYO93195yndFAmA
Email us at garbuttdumaspodcast@gmail.com
James Garbutt Instagram: https://www.instagram.com/jamesgarbutt Facebook: https://www.facebook.com/jamesgarbutt Website: https://jamesgarbutt.com
Denny Dumas Instagram: https://www.instagram.com/denny.dumas Facebook: https://www.facebook.com/denny.dumas.5 Website: https://www.dennydumas.com
Monica Harmse Instagram: https://www.instagram.com/monica_harmse Facebook: https://www.facebook.com/MoodyProperties.ca Website: https://moodyproperties.ca
Garbutt + Dumas Real Estate Instagram: https://www.instagram.com/garbuttdumas Facebook: https://www.facebook.com/GarbuttDumas Website: http://www.garbuttdumas.ca
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