The landscape of the Real Estate market in BC is changing. As a result of historically low interest rates and declining property values, home ownership is again becoming affordable! BC Real Estate Association head economist, Cameron Muir recently published an article relating to this topic. He argues that “housing is now more affordable than at any time in the last three years”. In Victoria we are seeing single family homes available for less that $350,000. If you have been toying with the idea of buying then this might be perfect opportunity.
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Affordability Drives Home Sales Higher
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