Real estate market continues to make strides amid uncertainty
On Behalf of Porter Ramsay LLP | Sep, 22, 2020 | Real Estate Law
Even though the unemployment rate has doubled, the housing market continues to rally. Many homeowners in British Columbia, as well as in the rest of the country, were able to keep their homes even though they may have lost their jobs due to unforeseen circumstances. In tandem with that were lower interest rates that allowed some people a foray into the real estate market and gave some prospective buyers more house for their money. Several factors will affect the market over the next few months. They include when the borders will reopen and immigration continues, future health concerns in the... View Article