Analysis
2023 is coming to an end and now is a good time to reflect on your real estate plans and goals for 2024! October sales began to show price reductions. Sales prices were below assessed value…boredom seemed to overtake buyers. It is unknown how supply will affect sales in 2024. Banks and mortgage interest rates will continue to affect buyers. Long term…Vancouver Island offers a wonderful lifestyle. People still want to relocate to this paradise. I am bullish on 2024!
Benchmark Prices
Unit Sales
Inventory
Do you have questions about affordability, financing, or down payments? Contact me today for a personal appointment in the comfort of your home or office.
These statistics were provided by the Vancouver Island Real Estate Board.
