Quote:
Originally Posted by Harvey Specter
Some say the low rates will fuel our RE market with prices going up, others say RE will follow the markets and decline. That been said, Vancouver RE doesn't follow typical trend lines so it's going to be interesting to see what happens in the coming weeks.
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Just after the initial change in rates, I noticed 3 detached homes sold in the $2-2.5mil range in my area. Prior months there was either zero or 1 sold per month.