Article content
Home sales and prices have rocketed during the COVID-19 real estate boom. Now, that heat is spilling into the townhome and condo market, where sales had been hammered by government policies in 2019 and then languished for most of 2020.
“Interest in the presale market always follows big rises in the market” for existing homes, said Vancouver real estate agent Mike Stewart.
We apologize, but this video has failed to load.
Try refreshing your browser, or Abbotsford townhome project holds presale lottery Back to video
He named several presale townhome projects Forester in Coquitlam, Founders Block in North Vancouver and Five Road in Richmond where developers recently said they had sold out.