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Home Buying Season

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Vancouver real estate news has lots of information for MLS listings Vancouver. But what about information on the best time of year to buy into the Vancouver housing market?

Spring?
Summer?
Fall?
Winter?

Deciding when to focus your efforts on searching for your Vancouver real estate can be confusing. Some say spring, others say you can get a better deal in winter.

Here's a season-by-season guide with what to expect with BC real estate, along with the pros and cons for each.

Spring

Spring is the classic time of year to get out and start looking at Vancouver Real Estate.

Pros: Sellers are listing their homes like crazy. That means a lot of homes to choose from in the real estate Vancouver market.

It's also a lovely time of year year to be looking at real estate. You get to explore the neighborhoods as the weather gets warmer and the flowers are starting to blossom. Thisadds to the fun of Home hunting!

Cons: You'll be competing with a huge number of other buyers in the spring Market, which means bidding wars are at their Peak.

Finding a good deal in Spring can be difficult in the Vancouver Real Estat market because the seller knows there's another buyer lined up.

Summer

The summer real estate market tends to cool off….that means:

Pros 1. A lot less competition in terms of other buyers clamoring for the same home.

Pros 2: The weather is great and homes are looking their best.

Cons: There might be less listings to choose from.

Con 2: It might be harder to pin down real estate agents (vacation time)


Fall

Pros: Although not as busy as a spring, Vancouver BC real estate market sees another uptick in activity and listings. That is good news for vancouver housing buyers. While not quite the same amount of choices as in Spring, there's still plenty out there in the fall.

Cons: With Vancouver real estate some sellers will hold off their plans until spring, so there could be a little less choice. But that should be offset by the reduced competition.

Winter

Pros: A vancouver realtor can assist with looking for a home in the winter. There are surprising benefits to buyers looking for a home. You can often avoid bidding wars as there are fewer buyers for each home.
You also get to see vancouver houses for sale as it looks in winter, in realistic lighting, rather than only seeing it in sunshine! This can also help put other buyers off, and assist you when calculating your offer.

Cons: It’s winter, there's less motivation to get out to Vancouver homes for sale open houses when the weather is horrible.