What High Inflation Means For Real Estate
The Vancouver Life Real Estate Podcast - A podcast by The Vancouver Life Real Estate Podcast - Saturdays
![](https://is1-ssl.mzstatic.com/image/thumb/Podcasts211/v4/d8/8d/50/d88d50ec-7e04-c172-b873-54fdd36d0001/mza_1441822548797025549.jpg/300x300bb-75.jpg)
Categories:
Inflation is running at an 18 year high there is going to be some inevitable changes to the real estate market. Firstly, increased fixed rates are going to push buyers to the variable option, and begin to suppress buying power. Secondly as the overall cost of living increases, we're going to see less funds available for home purchases. This is already being seen in the consumer confidence index, and the real estate confidence index, which are down 9% and 18% res...