June saw conditions become more difficult for home buyers looking to buy in the SFU neighbourhood as inventory decreased while sales increased month to month. This led to upwards pressure on home pricing and homes selling in a shorter period of time when compared to May.
Townhomes, especially those with 3 or more bedrooms under $1 million are the most competitive part of the SFU market.
Watch the video for the complete SFU and Burnaby housing market update.
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