VRD Wednesday, February 1, 2023
Summary
In the news, one of the two Lower Mainland real estate boards predicts housing prices will inch up a bit despite home sales not growing. The Real Estate Board of Greater Vancouver, which does not cover Surrey, says rising mortgage rates have not had as big an impact on prices as they’ve had on sales. In its 2023 forecast, the REBGV says population growth will keep prices rising.
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