Did you notice that the interest rates increased? Did you see that it was only for certain lenders? I am talking today about which lenders increased their rates and which didn’t as well as what happened in our local, Vancouver market. A 17-year low was created in the housing market. To find out more, watch my short video.
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A Snapshot of Our Current Market and a Look at Our Recent Tax Changes 

Today I want to recap our February 2018 market and share the latest on what’s happening with our BC budget. Overall, last month’s sales across Metro Vancouver were down 14.4% below the 10-year February sales average. The active-to-sales ratio was 14% for detached homes, 37.6% for townhomes, and 59.7% for condominiums. Because of the new tax changes introduced by the BC government, these statistics could look quite different for the rest of 2018. To find out more, watch my latest video.
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