The Vancouver real estate market is shifting, and if you’ve been waiting for the right time to buy, now might be your moment. While interest rates have been high, we’re seeing them gradually decline. However, inflation, rising construction costs, and market competition continue to pose challenges—especially for developers.
To attract buyers, many developers are offering major incentives, making presales highly competitive with older condos and townhomes. In some cases, these presale discounts and perks make new builds a more attractive option than resale properties.
Why Consider a Presale?
Completion in 2-3 Years – By the time you take possession, interest rates could be even lower, making your mortgage more affordable.
Customization Options – Many presales allow buyers to choose floor plans, color schemes, and even unit locations—something you won’t get with resale properties.
Avoid Bidding Wars – With resale homes, multiple offers are common. A presale lets you secure a home without the stress of competing.
Should You Buy Now?
Every home purchase is unique, and the best choice depends on your personal and financial situation. If you’re curious about Vancouver’s presale opportunities or want to discuss your options, let’s connect! I’d be happy to help you navigate this market and find the right fit for you.
Next Steps
Navigating the real estate market can feel overwhelming, but you don’t have to do it alone. As your local real estate expert, I’m here to guide you through your options and help you make the best decision for your needs.
Get in touch today to explore how these new rates can work for you!
Looking to buy or sell?
This is not an offering for sale. Any such offering may be made only with a disclosure statement. Prices and specifications are subject to change. E.&O.E. Not intended to breach or induce any existing client relationships. This is not legal advice, recommended to seek independent legal advice.