April 2020 Greater Vancouver Real Estate News
The April 2020 Real Estate Board are a reflection of our current Corona environment. Sales are down which is understandable considering the protocols in place for showings and lack of listings coming on until the stay at home policy is lifted. Prior to Covid 19 the market was busy and on an upward swing. Prices on detached, attached & condos are all up over last year. With the current low interest rates the prediction is that the market will have a sharp increase is sales volume once things get back to the new normal. In the meantime we have quite a few local buyers that are actively looking for homes. It is a great opportunity for local buyers to get into the lower mainland real estate market.