{"id":5774,"date":"2022-05-11T08:16:21","date_gmt":"2022-05-11T16:16:21","guid":{"rendered":"https:\/\/www.yaorealestate.com\/?p=5774"},"modified":"2022-06-13T14:03:47","modified_gmt":"2022-06-13T22:03:47","slug":"market-update-june-2022","status":"publish","type":"post","link":"https:\/\/www.yaorealestate.com\/market-update-june-2022\/","title":{"rendered":"Real Estate Matters &#8211; June 2022"},"content":{"rendered":"<h3 style=\"text-align: center;\">Real Estate Matters &#8211; June 2022<\/h3>\n<p>&nbsp;<\/p>\n<div class=\"entry-content-asset videofit\"><iframe loading=\"lazy\" title=\"Real Estate Matters: June 2022 - Interest Rates continue to rise | Yao Real Estate\" width=\"720\" height=\"405\" src=\"https:\/\/www.youtube.com\/embed\/N8mCw0rXRwU?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/div>\n<p>Hello!<\/p>\n<p>One of the slower spring seasons is upon us, mostly due to the interest rate hikes.\u00a0 There will be more coming, so how does that actually affect you, the homeowner?<\/p>\n<p><strong>VANCOUVER, BC \u2013 June 2, 2022 <\/strong>\u2013 After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver* this spring due, in large part, to rising interest rates.<\/p>\n<p>Last month\u2019s sales were 12.9 per cent below the 10-year May sales average.<\/p>\n<p>\u201cWith interest rates rising, home buyers are taking more time to make their decisions in today\u2019s housing market,\u201d said Daniel John, REBGV Chair. \u201cHome buyers have been operating in a frenzied environment for much of the past two years. This spring is providing a calmer environment, with fewer multiple offer situations, which is allowing buyers to explore their housing options, understand the changing mortgage market, and do their due diligence.\u201d<\/p>\n<p><strong>Looking to sell or move?\u00a0 Please reply to this email and I&#8217;d be happy to chat with you!\u00a0 I truly would love the opportunity to work with YOU!<\/strong><\/p>\n<p>Please click below links for your complimentary\u00a0updated Vancouver Real Estate statistics package.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a class=\"btn btn-lg btn-primary\" href=\"https:\/\/mcusercontent.com\/777c684ad3d3eb63b0df8e318\/files\/4b996175-518b-81a1-9031-bdfbe332b93f\/REBGV_Stats_Pkg_May_2022.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Detailed Real Estate Board Statistics Package<\/a><\/p>\n<div class=\"row\">\n<div class=\"col-md-6\" style=\"text-align: center;\">\n<p><a class=\"btn btn-lg btn-action\" href=\"https:\/\/mcusercontent.com\/777c684ad3d3eb63b0df8e318\/files\/3444caa5-0fb7-7434-7420-0b4c8423d0d5\/MVR_2022_May.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Snap Stats &#8211; Metro Vancouver<\/a><\/p>\n<\/div>\n<div class=\"col-md-6\">\n<p style=\"text-align: center;\"><a class=\"btn btn-lg btn-action\" href=\"https:\/\/mcusercontent.com\/777c684ad3d3eb63b0df8e318\/files\/49f97d0d-14cc-0b4d-cb4f-5bcc8ce2159a\/GVR_2022_May.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">Snap Stats &#8211; Greater Vancouver<\/a><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Real Estate Matters &#8211; June 2022 &nbsp; Hello! One of the slower spring seasons is upon us, mostly due to the interest rate hikes.\u00a0 There will be more coming, so how does that actually affect you, the homeowner? VANCOUVER, BC \u2013 June 2, 2022 \u2013 After reaching record-setting levels in 2021, home sale activity has&#8230;<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[1],"tags":[119,118,117],"taxonomy_info":{"category":[{"value":1,"label":"Uncategorized"}],"post_tag":[{"value":119,"label":"mortgage rates Canada"},{"value":118,"label":"mortgage rates Vancouver"},{"value":117,"label":"real estate interest rates"}]},"featured_image_src_large":false,"author_info":{"display_name":"Alex Yao","author_link":"https:\/\/www.yaorealestate.com\/author\/yaorealestate\/"},"comment_info":0,"category_info":[{"term_id":1,"name":"Uncategorized","slug":"uncategorized","term_group":0,"term_taxonomy_id":1,"taxonomy":"category","description":"","parent":0,"count":42,"filter":"raw","cat_ID":1,"category_count":42,"category_description":"","cat_name":"Uncategorized","category_nicename":"uncategorized","category_parent":0}],"tag_info":[{"term_id":119,"name":"mortgage rates Canada","slug":"mortgage-rates-canada","term_group":0,"term_taxonomy_id":119,"taxonomy":"post_tag","description":"","parent":0,"count":17,"filter":"raw"},{"term_id":118,"name":"mortgage rates Vancouver","slug":"mortgage-rates-vancouver","term_group":0,"term_taxonomy_id":118,"taxonomy":"post_tag","description":"","parent":0,"count":17,"filter":"raw"},{"term_id":117,"name":"real estate interest rates","slug":"real-estate-interest-rates","term_group":0,"term_taxonomy_id":117,"taxonomy":"post_tag","description":"","parent":0,"count":17,"filter":"raw"}],"_links":{"self":[{"href":"https:\/\/www.yaorealestate.com\/wp-json\/wp\/v2\/posts\/5774"}],"collection":[{"href":"https:\/\/www.yaorealestate.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.yaorealestate.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.yaorealestate.com\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.yaorealestate.com\/wp-json\/wp\/v2\/comments?post=5774"}],"version-history":[{"count":4,"href":"https:\/\/www.yaorealestate.com\/wp-json\/wp\/v2\/posts\/5774\/revisions"}],"predecessor-version":[{"id":5868,"href":"https:\/\/www.yaorealestate.com\/wp-json\/wp\/v2\/posts\/5774\/revisions\/5868"}],"wp:attachment":[{"href":"https:\/\/www.yaorealestate.com\/wp-json\/wp\/v2\/media?parent=5774"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.yaorealestate.com\/wp-json\/wp\/v2\/categories?post=5774"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.yaorealestate.com\/wp-json\/wp\/v2\/tags?post=5774"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}