Redfin Real Estate News
“Ongoing considerations about rapid inflation and tighter U.S. financial coverage continued to push Treasury yields higher, driving mortgage charges to their highest level in over a decade,” mentioned MBA economist Joel Kan. Lifestyle and the ability to retire early or work remotely are additionally important factors which are driving buyer determination making at present. The pandemic has led folks to realize that time is precious, and they’re taking the opportunity to reside the life-style they want, whether or not it’s moving their enterprise to the area or working remotely. Buyers are also seeing the future development potential of the Okanagan Valley for a savvy funding selection. In complete, seventy eight real estate sales had been registered in the space over the last week, with an average price of $795,788, $501 per square foot. It was extensively anticipated, partly as a outcome of in April, the bank used its Financial Stability …
