HOW WAS THE MARKET IN FEBRUARY '14?
Sales activity is picking up! There are currently 15 lofts listed for sale in Gastown. There were 4 lofts that sold in February that ranged from $290,000 to $670,000. Of the lofts that sold they were only on the market for an average 7 days!
What does that mean? The Real Estate market is balanced and active.
Curious about the value of your loft go to GastownHomeValues.com
Thinking about buying a loft? Please click here.
If don't want to mess about with forms you always call 604.782.7545.
P.S. CMHC [Canadian Mortgage and Housing Corp.] is increasing the premiums on mortgage insurance. Buyers with less then 20% of the purchase price to put down need this insurance. But don't worry, the extra cost will only be about $5 per month so you'll still be able to purchase the property you're looking for.