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Written on June 5th, 2020

Real estate is an essential service and it is one of the most important economic drivers in BC’s economy.

Physical distancing, virtual tools and strict personal safety protocols, yet we’re seeing more and more transactions happening daily.

It’s important for buyers to note that prices overall remain stable. We are not seeing a lot of downward pressure,  because for many areas there is a shortage of inventory.

We are even seeing multiple offer situations where buyers are paying asking price. When supply and demand stay in balance,  prices remain relatively firm.