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March 12, 2022 | The Saretsky Report – February 2022

Steve Saretsky

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Steve Saretsky is a Vancouver residential Realtor and author behind one of Vancouver’s most popular real estate blogs, Vancity Condo Guide. Steve is widely considered a thought leader in the industry with regular appearances on BNN, CBC, CKNW, CTV and as a contributor to BC Business Magazine. Steve provides advisory services to banks, hedge funds, developers, and various types of investors.

I’m about to walk you through the usual Saretsky Report where we highlight all sorts of charts and data points pertaining to the housing  market. What I want to emphasize is that the situation is changing rather quickly. A war has erupted in Ukraine, commodity prices are ripping- adding to inflationary pressures, and the Bank of Canada has begun raising interest rates. To suggest it has been a busy few weeks would be an understatement. All of this to say that real estate data works on a lag. The housing market is beginning to turn and that will not show up in the data for perhaps another month or two. So what exactly are we seeing?

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March 12th, 2022

Posted In: The Saretsky Report

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