Canada Day Update

It’s been an unusual year in our market. Listing activity for lower to mid market single family housing through the typically busy spring was unusually thin. This brings us into the summer with an active and competitive market for homes under $2M. Like most recreational communities, we have some different drivers and right now those drivers are taking us into what may turn into an uncharacteristically busy summer for single family home sales. The townhouse market is relatively steady and sharply priced properties are getting the notice they deserve. Our condo market is quiet, and the expectation is that that will continue as the influence of the heavily saturated lower mainland market creeps into our area.

If you’re shopping for a single family home under $2M, be sure you’re ready to go, all homework done, and the understanding that competing with another buyer for the same house is a strong possibility.