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Corona Has Vancouver Market on Shut Down!

The March 2020 statistics were just released by the Vancouver Real Estate Board, and as expected they are showing a very strong market that heavily favours sellers with both sales and prices up. Inventory continues to be low and most good condos are receiving multiple offers. I think this is about to slide off a cliff moving forward. We are currently in a state of emergency and lock down with all the brokerages currently closed until further notice. For the next 30-60 days we are going to see very few homes listed or sold. I do see the market and activity to pick up quickly once we are not in a state of emergency and social distancing is relaxed.


This entry was posted on April 7th, 2020 by Owen Bigland | Posted in Video Blog

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Corona Has Vancouver Market on Shut Down!

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Owen Bigland
Macdonald Realty Westmar
203-5188 Westminster Hwy
Richmond V7C 5S7
: 604 889-1118
: owen@owenbigland.com

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