The numbers are in and all signs point to now being an excellent time to purchase real estate in Surrey, White Rock, Langley and the Vancouver area.
We’ve moved into a buyer’s market which means there is more homes for sale. This means buyers have more selection which can put them in the driver’s seat a little bit more.
In a seller’s market like we experienced for several years recently, homes were selling fast, there wasn’t a lot of choice and it meant buyers did not have as much power at the negotiating table. Now that buyers are more in control of the market, they have the opportunity to negotiate more on things that matter to them which could be price, timelines, deposits, and conditions of sale.
According to CMHC, the Vancouver area real…