April 2023 Greater Vancouver Real Estate Market UpdatePosted by Glenn and Brittany Real Estate on
Our Spring market has picked up, despite lower listings and sales volume. The lack of change to interest rates has likely contributed to the increase in buyer confidence, that couple with low inventory has led to more multiple offer situations.
It's also important to note that each local market can vary significantly, and it's crucial to understand the specific trends and developments in your area to make informed decisions when the time is right for you. While media reports can provide some insight into broader market trends, they may not accurately reflect the conditions in your specific neighbourhood or price point.
The next rate announcement on June 7th is expected to have no change, which could further impact the behaviour of buyers…
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