With reduced buyer competition, inventory has accumulated to levels not seen since the spring of 2019.
Transactions in May decreased compared to what is typical for this time of year, and inventory has risen to more than 13,000 homes.
Although the housing inventory has climbed steadily since the increase in interest rates, demand hasn't weakened.
Diana Dickey, Sutton Seafair Realty, has been a Realtor since 2010 and managing broker since 2019.
She holds a Diploma in Urban Land Economics from UBC and a Diploma in Business Management from Kwantlen Polytechnic University. She is a member of the Real Estate Institute of British Columbia and holds the R.I. (BC) designation and the ICD.D designation from the Institute of Corporate Directors.
Diana has volunteered with charitable and community organisations throughout her career, including REALTORS Care® Blanket Drive, GVR Professional Conduct Committee, and the City of Richmond.
Aside from Diana’s interest in real estate, she also enjoys travel, dragon boating, snow boarding, and exploring nature with local hikes.