Vancouver named world’s third-least affordable real estate market

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Go Figure

  • Lack of supply
  • Sellers afraid to become buyers
  • Vancouver has one of the MOST RESTRICTIVE land use policies around
  • Canadian dollar is¬†increasing the red tag sale price of Canadian real estate
  • New mortgage rules about to kick in are creating a false stimulus
  • Asian money continues to freely flow in
  • Real Estate in Canada seen as a very secure money laundering investment ūüėČ
  • Mortgage rates are still very low
  • Soon to expire, even LOWER mortgage rate holds from months ago, also causing rush¬†to buy now

As much as everything else in the Canadian economy seems to be down, Vancouver Real estate in BOOMING…

Hopefully booming is a good thing…

Remember, there’s a lot more to mortgages than just great rates.

Feel comfortable calling me to discuss what may work best for you.

Mark Fidgett is a Vancouver mortgage broker and the driver behind

www.NotaPennyDown.com

Your Vancouver Mortgage Broker For Life 604-273-2002

www.notapennydown.com

P.S. Who’s the next person you know who wants to save thousands off their mortgage? Be sure to give me a call so we can help them! 604-273-2002

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