The Bank of Canada's 0.25% rate cut has done little to heat up Vancouver's sluggish real estate market, leaving buyers and sellers cautious in an increasingly volatile environment. Developers are feeling the squeeze as high costs, weak demand, and policy shifts make it harder than ever to bring projects to life.
James and Denny talk about supporting clients as they adapt to the realities of a slower housing market, sharing insights on shifting buyer expectations, seller strategies, and how to stay prepared in today's uncertain landscape.
This episode will focus on the BoC rate cut, the realities of a slower market, fixed rate changes as bonds go down, the uncertainty of everything, very low sales volumes, and selling stats covering Burnaby, Coquitlam, New West, East Van and North Van.
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Garbutt + Dumas Real Estate Instagram: /gdrealestateteam Facebook: /gdrealestateteam Website: garbuttdumas.ca