Vancouver Real Estate Down 10%
The Vancouver Life Real Estate Podcast - A podcast by The Vancouver Life Real Estate Podcast - Saturdays
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February 2022 has proven to be the most recent peak of property prices in Vancouver, which have since dropped 10%. (That is in reference to the Median & Average prices - the HPI, a lagging indictor, will follow in the upcoming months.) The majority of this drop happened last month, to the tune of around 5%.Inventory though was a surprise in June, after increasing by 14% in April and 10% in May, it only increased by 2.5% in June. Plus, we're now going into wha...