Some of Metro Vancouver’s most well known “luxury” and multi-million dollar communities are seeing double-digit negative growth, year over year.
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Some of Metro Vancouver’s most well known “luxury” and multi-million dollar communities are seeing double-digit negative growth, year over year.
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The Bank of Canada just raised its overnight lending rate to 1.5%, and our data shows that the Metro Vancouver cities are feeling the full effect of the rising rates.
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Are people in Greater Vancouver panicking because of the interest hikes? What are the data telling us?
See our HouseSigma report on the Greater Vancouver market for more information.