Home sales were up almost 3% in Vancouver in August, while current market conditions in the Fraser Valley region are "allowing buyers the opportunity to make bold offers, especially for properties that have been on the market for a while", says Tore Jacobsen, Macdonald Realty's Eastern Region Managing Broker and Chair of the Fraser Valley Real Estate Board.
The Bank of Canada's next rate announcement is coming up on September 17 - follow Macdonald Realty for updates.
Wondering how the upcoming rate announcement affects your ability to buy or sell? Let's talk.
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