
The Real Estate Board of Greater Vancouver recently issued a notice to all members that due to the high volume of new listings being submitted, the data input department will be working until 9 pm until further notice.
Some of the major banks have increased fixed mortgage rates by an addtional .15%, from the recent increase of .60%.
Sales continue to be strong, and multiple offers continue, as Buyers compete to get the best listings before rate holds expire.
Look for the market to bump around in the coming months, while it "finds its legs" as a result of these factors.