Welcome to your October 2024 real estate update for Mission, BC! In this video, I’ll cover everything you need to know about the latest market trends, from sluggish sales and rising inventory to some new opportunities for first-time buyers.
With homes sitting on the market longer, we’re moving deeper into a buyer’s market, and this could be the perfect time to make your next move. I’ll break down the numbers for detached homes, townhomes, and apartments, so you can see where the market is heading. Plus, I’ll touch on the new 30-year amortization option for first-time buyers of new construction homes, and what to expect from the upcoming Bank of Canada rate announcement.
If you’re thinking about buying or selling in Mission, I help people just like you every week navigate these changing market conditions. Feel free to reach out, and let’s chat about your goals!
In this video, we’ll cover:
• Mission’s real estate market stats for September 2024
• The shift to a buyer’s market and what it means for you
• New 30-year amortization for first-time buyers and how it helps
• Upcoming Bank of Canada rate changes and their impact on real estate
If you find this helpful, don’t forget to like and subscribe for more updates on Mission’s real estate market!
