Our Economic Healthcheck
Posted on
November 23, 2022
by
Kathleen Orr
To say we've seen the housing market meet apprehensive buyers in the past 4-5 months is an understatement. For many, if you only bought into the market within the last 10 years, the shock and holding off activity is understandable. Let's take a breath and observe where we have been, and come through. It's also important to embrace the fact that seeing 2% - or less- as a cost of borrowing, is really not realistic in the next 5 years.
Reach out if you'd like to chat further- and I sure know some awesome mortgage brokers for further guidance!
Kathleen


The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
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