Homebuyers, investors take advantage in this market
HIGHLIGHTS OF THE JULY 2022 REPORT
●Average 5-year mortgage rates are up just 1.4% from six months ago.
●First-time homebuyers in B.C. are down 46% compared to a year ago.
●Foreign homebuyers now account for just 1% of Metro transactions.
●July benchmark detached house price is up $47,500 from January 2022.
●The number of active listings are in decline
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