View the below article by Kerry Gold in the Globe & Mail
TOUGH BARGAINING SHAVES PRICE OF COQUITLAM TOWNHOUSE UNIT
1328 Brunette Ave., unit 2, Coquitlam, B.C.
Asking price: $598,000
Selling price: $525,000
Days on market: 91
Taxes: $2,116.70
Maintenance fee: $202
Buyer’s agent: Adam Senuik, Keller Williams Elite
The action
What they got
The agent’s take
Prices started dropping in the fall of 2018, Mr. Senuik says. “Vancouver’s property buyers are winning in a shifted market,” he says. “We have seen a lot of listings on the market much longer than the year previous.” In 2017, he’d see multiple offers drive the closing price above the asking price. It’s a different market today.