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Vancouver’s real estate market to cool, not crash

May 20, 2012

Filed under: North Vancouver,Real Estate Market,Surrey,Vancouver — Richard Morrison @ 4:19 pm
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“Vancouver’s real estate market to cool, not crash” is the latest forecast by various real estate experts that comes as good news to people who dream of buying homes. Every Vancouver resident is aware of the changing price trends in the real estate market but with recent reports Vancouver residents have something to smile about.


Most real estate companies realized that many people are hesitant to buy homes due to the unpredictable costs but this is not over yet even with the reduced prices of buying homes most real estate agents still have hidden costs that they do not necessarily disclose to the clients thereby costing them more than the agreed price.


Many advertisement are now trying to convincing clients that acquiring resale homes is cheaper and do not have extra charges, this might not be the case and is only making more buyers skeptical and hesitant to buy homes because some of the adverts are unrealistic and sound like marketing gimmick just out to deceive the public. Due to the rise in living cost people have become more careful on the their spending and many people do a lot of research on market trends and the rates so as not to be deceived .


A finding like “Vancouver’s real estate to cool, not crash” is an eye opener for many who were in the dark about how the marketing trends were, what to expect and who to trust and vice versa. Many Vancouver real estate companies are not happy but the real estate market is currently conducive for buyers and some areas are becoming cheaper and affordable. This comes as good news for many who have dreams of owning homes in Vancouver and for the economy it is a boost when more people have the financial ability to buy homes.


With more emerging news like these, many Vancouver residents will forget the trouble of being homeowners and start enjoying the slower pace of searching for homes, with more reasonable prices – after all, not everything goes up in a straight line forever…

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