Things are busy! Sorry! Quick Thursday numbers are 244 listings and 173 sales for a sell/list of 70.90%. 125 price changes.
New listing. Burnaby duplex, long term tenants, under-rented and room for development. Listed under assessed value. Contact me for more information.
I mentioned Wednesday that I had rented 5 places this month and would probably add two more to the total Thursday. Those 2 places are now gone.
Mortgage increases are the news item of the day (and deservedly so); I’ve mentioned that mortgage increases often give a short term bump to the market as buyers rush to make use of pre-approvals. Keep an ear and eye peeled for evidence of this sentiment in the media (a caller to Bill Good mentioned doing exactly that this morning). This is a short term bump, of course, lasting only as long as pre-approvals.