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It's a strong real estate market in Greater Vancouver

Blog by Diane Cardoso | August 16th, 2014

                                  It's a strong market for real estate......
For the first time in 3 years, the housing market is experiencing a significant increase in homebuyer demand.  Monthly sales passed the 3,000 mark this past May.  A strong market typically means that home buyers must make a faster purchasing decision once they find a home they want.  Listings sell quicker when there is more demand than supply.  The benchmark price for a home in Metro Vancouver is currently at $628,200 as of June, 2014, with a 4.4% increase over 2013.  In this current market, it pays to have all your ducks in a row so you are ready to make an offer on short notice.  Happy home shopping!