Is it smart to sell your home during the holiday season in December and January?
It's the slowest time of the year, and the number of house listings takes a steep dive. Last year in Metro Vancouver, for instance, both new listings and active home listings dropped by 43 per cent in December.
But REW.ca's survey of recent and future home buyers and sellers surprised us!
Despite the busyness of the season, despite cold weather and early darkness, despite fewer house listings, about two-thirds of our survey respondents said they would buy a home during December and January.
9 Tips for Selling Your Home in the Holidays -- Click Here
The Internet makes house hunting a lot easier, no matter what the season. No need to slog around checking out dozens of homes when you can eliminate the non-contenders while sitting in your La-Z-Boy with your iPad in your lap. And that's changing the conventional wisdom about buying during the busy holiday season.
Here's where home buyers get their information...
main source of information about homes for sale
These are the people we interviewed for the REW.ca Real Estate Consumer Survey...
Real Estate Transactions in Past 3 Years
This is what they said about buying during the holiday season...
Would consider purchasing during December and January
And here's why...
Why consider purchasing a home during December and January
Holiday house hunting varied by region
Would considering purchasing in December and January by region
Looks like taking a house off the market during December and January is one holiday tradition that can be forgotten.
