The Vancouver Life Real Estate Podcast Home Prices Increased At Record Rate In February
Another month another record, right? Well, this record is something else. After a 2 year Bull Run the market is accelerating. Last month home prices increased at the rate of 4.6%. IN ONE MONTH. We shouldn't be seeing that rate over an entire year. So why is this happening? We get into that answer and dissect the February numbers in this episode. The recent interest rate hike is examined and we give our forecasts into what you should expect to see in the Vancouver housing market in the upcoming months.
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