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“According to new data, numerous homes for sale in Vancouver and nearby locales just broke records in terms of pricing during the previous month. As reported in this excerpt from an article on CTV Vancouver, many neighbourhoods in Vancouver have become hot markets for home buyers, despite rising prices.

As the prices of most detached single-family Vancouver homes for sale have gone up, one might expect a gradual decrease in demand, right? Not quite yet as the price increase seems to coincide with Vancouver’s luxury real estate that itself is not showing signs of slowing down any time soon.”