For Buyers, we finally have less pressure. Typically options to pick from, negotiable prices, and flexible terms. For Sellers, best to polish your diamond well and price sharp to achieve your goals.
Summarized by Narinder Bains,“With inventory levels continuing on a slow and steady rise, together with slow sales, what we are seeing is a more balanced market,” said Narinder Bains, Chair of the Fraser Valley Real Estate Board. “If this trend continues, increased new listings will help to maintain a balanced market, giving buyers greater choice.”