Is the real estate market cooling off? When we look at the May stats, we are beginning to see that in White Rock, South Surrey, and many other areas, the benchmark prices have dropped.
In South Surrey & White Rock Benchmark Pricing, we've seen:
- Single Family Homes down: 0.7%
- Townhouses down: 2.1%
- Condos down: 0.9%
Market Cycles of upturns and downturns will happen. Leah has some tips for Selling your home in a Cooling Market.