{"id":1062,"date":"2023-08-05T17:58:35","date_gmt":"2023-08-05T21:58:35","guid":{"rendered":"https:\/\/www.exponentialrealty.ca\/blog\/?p=1062"},"modified":"2023-08-05T17:58:35","modified_gmt":"2023-08-05T21:58:35","slug":"july-2023-real-estate-stats-comments","status":"publish","type":"post","link":"https:\/\/www.exponentialrealty.ca\/blog\/july-2023-real-estate-stats-comments\/","title":{"rendered":"July 2023 Real Estate stats\/comments"},"content":{"rendered":"<p><a href=\"https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2023\/08\/202307-stats-table.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-1064\" src=\"https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2023\/08\/202307-stats-table-1024x1024.png\" alt=\"\" width=\"770\" height=\"770\" srcset=\"https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2023\/08\/202307-stats-table-1024x1024.png 1024w, https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2023\/08\/202307-stats-table-300x300.png 300w, https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2023\/08\/202307-stats-table-150x150.png 150w, https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2023\/08\/202307-stats-table-768x768.png 768w, https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2023\/08\/202307-stats-table-1536x1536.png 1536w, https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2023\/08\/202307-stats-table-420x420.png 420w, https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2023\/08\/202307-stats-table-240x240.png 240w, https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2023\/08\/202307-stats-table.png 2000w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/a>My comments:<\/p>\n<p>The current real estate market has experienced a notable decrease in activity compared to recent months. While there are a greater number of options available for buyers, desirable properties still face competitive situations with multiple offers. Buyers with a limited budget of under $1.8 million are encountering challenges when attempting to enter the highly competitive Van East market.<\/p>\n<p>Meanwhile, the City of Burnaby is proactively addressing housing choices through the implementation of the new Housing Choices program. This initiative focuses on promoting laneway homes and secondary suites in semi-detached residences, catering to single and two-family neighborhoods. As a result, detached homes with suitable lot dimensions and laneway access are expected to show significant potential.<\/p>\n<p>For individuals seeking a living environment with more natural resources and less bustling streets, this program presents an ideal opportunity. Additional information about the Housing Choices program can be found <a href=\"https:\/\/www.burnaby.ca\/our-city\/programs-and-policies\/housing\/laneway-homes\">here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>My comments: The current real estate market has experienced a notable decrease in activity compared to recent months. While there are a greater number of options available for buyers, desirable &hellip;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"_links":{"self":[{"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/posts\/1062"}],"collection":[{"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/comments?post=1062"}],"version-history":[{"count":2,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/posts\/1062\/revisions"}],"predecessor-version":[{"id":1065,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/posts\/1062\/revisions\/1065"}],"wp:attachment":[{"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/media?parent=1062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/categories?post=1062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/tags?post=1062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}