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Housing Market Rebound - Vancouver

Blog by Diane Cardoso | October 28th, 2013

                                      Housing Market Rebound to Extend Into 2014

"Consumer demand has bounced back after waning for most of 2012,” said Cameron Muir, BCREA Chief Economist. “With higher interest rates on the horizon, many potential homebuyers are choosing to lock in a mortgage sooner rather than later. However, rather than signaling a return to frenetic home buying activity and accelerating markets, consumer demand is simply transitioning back to its long term average.”  Read the full article at www.bcrea.bc.ca