With the real estate market becoming sane and steady this could be a great time for those who have dreamt of owning a luxury home. With the market changing in various sectors the biggest movement has been a softening in prices in the luxury home market. Mostly in those priced 2.5 million and above the market has come down on average 20 – 30 % (And sometimes even higher on the ultra high end).
In addition with condo prices continuing to increase in most desirable areas, this may be a great time to sell that condo and move into the family home you’ve always wanted. I would be happy to help you navigate your way through this maze in Vancouver Real Estate and the new rules put in place by various governments. Contact me anytime for a meeting.
http://www.google.ca/amp/vancouversun.com/business/local-business/lower-mainland-condo-prices-soar-but-there-are-signs-of-softness-at-the-top-end/amp