January 2022 started off with every real estate metric pinned to the top. Average home prices increased by $42,000 last month hitting a new All Time High. Incredibly tight inventory coupled with an abundance of active buyers saw multiple offer scenarios the norm and overall, January felt much more like a peak spring March / April market. We dive deep into the stats and explore why the market continues its ferocious pace, plus we make our predictions into what to expect in the upcoming months.
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Dan Wurtele, PREC, REIA
604.809.0834
Ryan Dash PREC
778.898.0089
ryan@thevancouverlife.com
