Quote:
Originally Posted by chemgear
I'm a little confused from those numbers/news clip though. Last I saw, inventory was sitting something like 6-7 months worth - is that not a "buyers market?" A month later the BC realtor/real estate board is saying it's not the case? So they sold/seller pulled thousands of listings to get back down into a balanced market of "1.5 - 3 months" already? To be fair, I believe they were calling it a "balanced" market whilst inventory was 5-7+ months earlier.
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I think the story and RE board are jumping the gun for sure, and it's still very much a buyers market. I just think the Fall will be better for sellers than the summer was.
The news here always runs stories that either suggest an overly strong or poor market. There's no fun in stories of moderate changes.