Overview: In September, markets in Metro Vancouver and Vancouver showed increased listings with caution advised for buyers as inventory built up and mortgage conditions evolved.
Interesting trends! With inventory on the rise and mortgage shifts, it makes me wonder if cautious buyers might eventually turn seller-friendly. What’s your take on how these changes might alter local market dynamics?
nah, im not convinced its seller friendly yet. listins are up but changing mortage rates keep everyone on edge. best to chill and watch the shifts, i guess. it might turn quick if rates drop.
Recent market observations suggest a continued shift as inventory recovers and mortgage conditions fluctuate. In my experience, the market seems to be finding its balance, and while increased listings offer more choices, there is also an underlying potential for sellers to leverage high demand when conditions improve. It is important to stay well-informed and monitor detailed trends even though a seller’s market is not clearly emerging yet. This period encourages a strategic approach from both buyers and sellers, emphasizing patience and careful timing in decision-making.
Curious how buyers might adapt when inventory keeps rising? Could emerging mortgage trends finally prompt a shift in strategy, or will caution remain the order? What are your thoughts on this evolving market dynamic?