Where Will It End !

It has been a very interesting year for lower mainland Real Estate as we have seen prices of detached homes shoot through the roof, townhouses and  condo`s have also made a healthy surge  with the best selling conditions for the last  5 years in all categories!

Speaking to fellow Realtors, appraisers and industry people it is hard to pinpoint exactly what has caused this un-expected market change, certainly interest rates have helped and there are articles almost daily on Foreign investment impact !

 As in all strong selling markets the challenge is on the buying end and knowing where to go ! Many clients of mine are considering cashing out and moving out to lower priced areas or simply making lifestyle changes !

To be continued !!!