The Vancouver Life Real Estate Podcast Prices Set To Rise For The Remainder Of The Year
Oct 2, 2021
22:40
Every major metric is pointing to home prices continuing to increase in price for the rest of 2021. From the most straightforward, supply continues to dwindle and is at record lows across the country. Meanwhile, new mortgages are being issued at a rate DOUBLE the previous record. That alone is recipe for price increases - but we dig deeper into the immigration numbers, lack of new homes under construction, the immense amount of wealth Canadians have accumulated over the last 12 months and how delinquencies are at all-time lows.
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