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!