Four Trends I've Seen in My Mortgage Business for 2016

1.  In 2016, it's the first time my clients are talking about properties in Mission and Chilliwack.  

2. After the 15% tax, new purchase phone calls dropped dramatically. 

3. Phone calls have started to come back to pre 15% tax days for purchases over the last week. 

4. There has been a devaluation on expensive properties over the last 2 months.  Case in point:  I had a client sign a purchase agreement for a $3.5 million dollars.  They walked away and now they are trying to get it at $2.6 million.