March Real Estate Market Update
Here’s a market update from our friends at Macdonald Realty; Simon Clayton, Kristie Marsden, Jason Low, Sandra Ens, Jason Feinstadt and Jenny Stephanson.
March Market Update
As the Olympics wind down and the Paralympics start up, BC’s momentary pause from the world’s premiere sporting spectacle is being replaced by a relatively hot economy. According to the Conference Board of Canada, BC’s economy is expected to lead the country in growth for 2010, fueled by Olympic spending and better fortunes for forestry and manufacturing.
(http://www.globalnational.com/money/Strong+growth+expected/2602719/story.html)
In many places across the province, the spring market is expected to be hotter than usual, with the housing sector continuing its upward trajectory from 2009′s lows. This will be supplemented with an increase in both buyers and sellers, who put their intentions on hold during the Olympics, leading to both greater inventory and more sales in the months ahead.
This month, Macdonald Realty will be introducing the MacBlog, an up to date information source for all things property-related. The MacBlog will feature contributions from both managers and sales associates from all of our offices across British Columbia, and will cover a wide variety of topics, including:
- Common issues encountered by buyers and sellers;
- City and neighbourhood profiles;
- Interest rate updates;
- Unique property listings;
- Effects of government policies and legislation on real estate;
- and much more
March 2010 Market Update
If you would like to learn more, please feel free to contact us by phone or by clicking on one of the links below:
Simon Clayton 604-764-0711
Kristie Marsden 778-836-4389
Jason Low 604-790-5276
Sandra Ens 604-263-1911
Jenny Stephanson 604-675-6214
Jason Feinstadt 604-263-1911
MacDonald Realty 604-263-1911
