It’s a Buyers’ market – but how long will it last?
Victoria Area Housing Market Update Fall 2012
November 28, 2012
Home buyers that stayed on the sidelines this past year will find themselves in an excellent position today to take advantage of opportunities in the local real estate market. A buyers’ market currently exists with the sales to new listings ratio favouring buyers, but with interest rates at lower than normal levels, employment and migration levels in Victoria on the upswing, and time limited government cash incentives soon to expire, the question on many peoples’ mind is how much longer will these opportunities last?
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