Home Prices Up $130,000 In Q1 2022

With the March numbers firmly in place we can share that Vancouver home prices increased in value by over $130,000 in the first 3 months of 2022. This comes on the heels of a record setting 20% increase in prices during 2021. So when will this torrid pace of appreciating values end? Soon. Very soon. 2 of the 3 price metrics in March were lower - and this is just the beginning. With most banks Fixed Rate Mortgages around 4%, we're seeing an immedia...