Most Realtors I speak with on a day-to-day basis have buyers starting to stack up like cordwood, and a very limited supply of properties to show said buyers.
Turns out the Pacific Ocean, US border, North shore mountains, and the ALR all remain intact. No expanded land supply in the Lower Mainland. Thus, no expanded supply of properties to market. Yet migration and immigration numbers remain strong, largely due to strong employment numbers and – despite the recent sub-zero temperatures – a pretty awesome climate in general.
Blog written by Dustan Woodhouse