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SPRING MARKET UPDATE 2020

Sprint Market Update

Our local Vancouver market has started out with a bang as predicted! All we are lacking now is INVENTORY! The buyer demand is high and they are buying up whatever is hitting the market. The typical year-end low inventory point January 1st was expected but the demand is outpacing the rate in which properties are…

MORTGAGE MARKET UPDATE

by Paula Siemens 604.351.7438 The Bank of Canada (BofC) kept the overnight rate unchanged when they met on January 22nd. They sighted that the Canadian economy slowed in the 4th quarter of 2019 and they expect the 1st quarter of 2020 to also be slow. The GDP is expected to be 1.9% for 2020. They…

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