Summary of August 2023 Vancouver Real Estate Market Report Residential property sales in Metro Vancouver have been affected by higher borrowing costs. Price gains in the housing market have cooled and sales have slowed. In August 2023, there were 2,296 residential home sales in the region, a 21.4% increase from August 2022. This was 13.8% below the 10-year seasonal average of 2,663 sales....
The world has become an "instant gratification" type of place. We are used to everything being at our fingertips and we seem to have lost the "patience is a virtue" mentality. Is this short term mindset a risky mindset to have when dealing with our investments? Bricks and mortar real estate investing has done, and continues to do, very well for the smart, long term thinking...
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