In this episode of The Real Deal Pod, Allister breaks down the current real estate market slowdown across the Fraser Valley and Vancouver, with sales down 30% and 27% compared to the 10-year average. With more inventory but fewer buyers, Chilliwack stands out, seeing a 19.5% increase in sales year-over-year.
Geoff walks listeners through the CMHC affordability calculator, explaining how to input key details like income, down payment, and monthly expenses while highlighting its limitations. He emphasizes the importance of working with trusted professionals to make informed home-buying decisions.
We also discuss pricing strategies for sellers and the impact of AI on real estate. Don’t miss out—catch the latest market insights now!
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