Last months real estate market statistics:
Low inventory and increased sales are continuing to push prices up to near record highs with average detached homes climbing over 12% since July last year.
While the conditions are favoring sellers at the moment, there are still good opportunities for buyers out there, my best advice is to be as prepared as possible!
Talk to your mortgage broker or bank ahead of time to make sure they have everything prepared so you can be ready to write an offer right away when the right house is listed.
Give me a call or text at 604-798-3960 if you have any questions about market conditions!