Vancouver housing market – demystified

In this episode of the Home Buying 101 video series from Homebuilders Association Vancouver (HAVAN), Shayne Ramsay, CEO of BC Housing, sits down with Collette Gerber, Chair of the Real Estate Board of Greater Vancouver (REBGV), to discuss Metro Vancouver real estate tips for first time home buyers.

Some key questions covered:

  • What are some creative ways that realtors have adapted to the changes caused by Covid-19?
  • How are home tours now working, and do you expect the industry to shift back to conventional methods post-Covid?
  • What areas of Metro Vancouver, and what types of housing products, are you suggesting to first-time home buyers?
  • Are we in a buyer’s or sellers’ market?
  • With the continuing pandemic, what is your expectation around job loss and foreclosure in the real estate industry?
  • How does a home buyer find a realtor that is right for them?
  • What can a realtor help with, beyond buying and selling the home?
  • Due to the low-interest rates that are currently available, are we starting to see sales trends where more people are buying?

This video is presented by the Homebuilders Association Vancouver, and sponsored by BC Housing and Associa BC Incorporated.