The Vancouver Real Estate Market in the Year 2018 should start off Strong and Solid! Buyers who have had their mortgages pre-approved in 2017, would have 120 days to purchase, under the old mortgage rules. Conversely, under the new 2018 mortgage rules, buyer’s purchasing power will be lowered by 20%. Those 2017 pre-approved buyers will generate an increase in home purchases in the first 3 months of the year.
When you, or your friends, neighbors, who are considering of selling real estate, please contact Eva Li at 604 351-0789. I have been selling real estate in the Greater Vancouver Area since 1990; with 28 years of valuable experience and proven track record, I can certainly provide the best service for your real estate investment.