Fall is an amazing time of year to visit Vancouver. The rain has subsided, the leaves are changing colour and there's still plenty of sunshine! And if you're looking to buy a new home in Vancouver, this is definitely the best time to buy. Learn from a hard working Vancouver realtor; here are some recent trends from our vancouver real estate clients:
1) Buyers are more inclined to move up than down when purchasing homes.
Vancouver real estate market may have slowed down but there are still buyers looking to purchase homes. Vancouver home prices climbing up, which leaves a lot of first time buyers out in the cold due to high competition and cost of living. The Vancouver real estate market slowdown has been beneficial for those hoping to move from starter homes.
2) Families with children are buying larger homes with bigger yards.
This is placing a demand on detached homes and townhouses with larger living areas and more bedrooms.
Families are looking for homes with bigger rooms and spaces, as well as green lawns and ample parking space. This is what Vancouver families want to find in their dream home: a big yard!
3) Single-family detached homes remain the most popular type of property to purchase.
The Vancouver real estate market slowdown has made it easier for those who are first time homebuyers to get into the market as starter home prices have come down considerably and allowed buyers to move up in Vancouver BC.
For a deep thorough report on the market, trust the top Vancouver realtor Paul Eviston. Need a top Vancouver realtor team? Our realtors know their stuff. Work with the top selling 1% Vancouver realtor.