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New data shows strong demand for B.C. homes

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Canadian Realestate Magazine | 03 Jun 2015, 10:33 AM Agree 0
Rock bottom mortgage rates and strong demand have B.C. home sales and prices reaching new heights, as the average price of a detached home in greater Vancouver reaches $1.1 million – a new milestone.
  • jonesy | 04 Jun 2015, 09:59 AM Agree 0
    this is very interesting in that B.C. is a market that will inevitably come under price pressure. It is really only a matter of time and the higher the prices go, the farther they have to fall.
  • Hamish Ross | 13 Sep 2015, 04:17 AM Agree 0
    I think the common misunderstanding is really to assume all markets are the same within any one city. Even in this hot market, I can already see some areas in trouble while other areas are ridiculously busy. It is too complex to understand in a blanket statement. If you want to see what I mean, I can share some of the recent monthly statistics which identify buying opportunities as well as some areas to be careful in. I am an open book if anyone wants advice. People helped me and I am always happy to return the favour. If you want to see these sort of stats, I give them to my clients on this page.

    Cheers,

    Hamish Ross
    White Rock Real Estate Team
    http://www.hamishross.com/market-report
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