Ctv News Vancouver

Real Estate News

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Real Estate News

Lenders shun the city’s low-priced properties, making it hard for Black residents to access homeownership. The city of nearly 700,000 saw barely 1,700 mortgages made last year. Home prices sharply headed up—even as the turmoil over a hotly contested presidential election, the coronavirus pandemic, and high unemployment persisted. The …

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Ctv News Vancouver

However, it will take round 2,500 new listings in the VIREB area to create an precise balanced market if exercise continues at this pace. Knox County Register of Deeds Nick McBride records legal documents pertaining to real property. Inventory is up barely, but the general market remains extremely aggressive for buyers. Exclusive information for 9News by My Property Market reveals a February clearance fee of 87.2 per cent – larger than final February’s 83.four per cent regardless of related auction numbers to a year in the past. With folks spending more time than ever indoors as a end result of lockdown restrictions, many have been reappraising their life decisions and looking to transfer to more spacious lodging.

Real Estate News

Both the inventory of homes and mortgage rates are actually at their historic lows. The months’ supply of present homes for sale has fallen to 1.9 months, the bottom level for the rationale …

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