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Wednesday, May 27, 2015

“Seller’s market” takes grip of condo market

Plunging mortgage rates, a tight inventory and parents willing to bankroll their kids are all factors pushing Vancouver new condominium sales and prices into record territory this spring. But foreign buyers are not a big part of the factor. 



Photo courtesy of TOURISM VANCOUVER

Photo courtesy of TOURISM RICHMOND

Photo courtesy of CITY OF BURNABY

Photo courtesy of TOURISM NEW WESTMINSTER

Photo courtesy of CITY OF SURREY