April Real Estate Insights and Trending Topics
The superintendent of real estate has permanently extended the early marketing period from 9 months to 12 months.
“This gives developers an additional amount of time to hit their pre-sale financing targets and get their building permit in place. This is incredibly important. We think about down markets, in particular, knowing that you have extra time to hit those pre-sale financing targets,” Suzana Goncalves, EVP Sales and Marketing; Partner, MLA Canada.
In this month’s Trending Topic Episode, catch up with Ryan Lalonde and Suzana Goncalves as they dive into more of these burning questions in the real estate industry:
What else should we look out for as we monitor the new extension of the early marketing period?
What will the re-examination of the qualifying mortgage rate mean for homebuyers?
What can first-time homebuyers expect in the coming months?
Watch more episodes from this month's Pre-sale pulse that focus on the latest market data and pre-sale and resale insights for:
Greater Vancouver click here
Fraser Valley click here