What Happened in the Market in April?
Full Swing of Spring
Like many of us, the market took a March Break, but is back in full swing enjoying these beautiful Spring days.Home buyers and sellers were out in full force in April, with sales up 16% compared to April 2013, and up 15.5% compared to last month. “People often look to buy or sell this time of year as the school year draws to a close and the summer holiday season is still a few months away,” Ray Harris, REBGV president said.
If you were worried about the slowdown in March, don’t forget we live in Vancouver! The market quoted for years as the bubble ready to burst, but which instead keeps growing strong, and gained recent recognition as one of the top three most resilient cities worldwide.
Vancouver, alongside Toronto and Calgary, ranked as one of the best markets in the world for long-term real estate investment, according to a centuries-old London real estate firm.
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Ann Hickey
