February 2022 Greater Vancouver Real Estate Market Update
Posted by Glenn Feldstein PREC on
This edition of the G|B Real Estate Newsletter focuses on your equity and how gaining access to it can lead to many different investment opportunities.
As always, we have included a snapshot of Metro Vancouver’s real estate market for February 2022 which saw steady home sales activity, modest increases in home listings and continued upward trends in pricing.
We have seen a slight drop in demand amongst buyers, most noticeable in multiple offer situations where we were seeing 5-8 competing offers we are now seeing 2-4. However, it’s always important to keep in mind, that in some cases properties are still being listed at a much lower value, with the purpose of creating a multiple offer situation resulting in a large price increase.
To find out…
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