With the recent foreign buyers tax (15%) that has hit Vancouver we are seeing a "slight" downturn in the market.
With that said it really means this is a great time to get hunting for a property (especially under 750K). Many people who were waiting on the sidelines this is your chance to hop in while the market is cooled.
Come October my gut feeling is things will be back to normal (summer tends to be a bit slower regardless).
Feel free to give me a buzz if you have any questions - I'm happy to chat about it!
604-499-1996
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.