I don’t think rising interest rates are going to have much of an impact.
It’s very few who are struggling to get into the market because of interest rates. I sold a penthouse a few months ago, and everybody who came to see it was probably 30 years old and it’s an $8.5 million place. Vancouver is so bizarrely unique.Article content The market was super hot, and now I think people are taking a breather. It’s slowing down to a normal rate instead of slowing down to a panic situation. We are not going to see a big correction in prices, as long as people still want to live in Vancouver.Squamish and Sea to Sky corridor
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