Market Update July 17th, 2018

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Vancouver Market Update

"As a result of the stricter mortgage regulations that rolled out nationwide six months ago, housing demand in British Columbia continued to soften in June, pushing most markets into balanced territory".

“What we’re seeing in the market is that the level of listings is up a little, so supply is starting to accumulate but from historically low standards, while demand is off a fair amount"

 

https://www.livabl.com/2018/07/bc-markets-balanced-softer-demand.html?utm_source=Weekly+BuzzBuzzReport&utm_campaign=d202bfdf9d-EMAIL_CAMPAIGN_2018_07_03_02_30_COPY_01&utm_medium=email&utm_term=0_6d6db2b31f-d202bfdf9d-218065769