Milo & Michelle McGarry

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Monday, February 25, 2008

Does weather effect the real estate market

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It's looking like spring is just around the corner. You would think that the real estate market would be getting busier. The truth of the matter is that real estate sales activity is more about timing than weather. Over the past 20 years I have seen the market take major turns after significant events. For example after the last change in government in BC (May 2001) the market became very busy. I've also seen the market get busy immediately after Christmas. Often the "Spring" market arrives in early January. But does weather effect the market. During our recent snow events the market remained busy. That was quite unexpected. Now that the weather has begun to look spring like we may expect buyers to take a day off or two to have fun in the sun but don't expect the lull to last.

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