![The Vancouver effect?: Surrounding real estate markets experience price boost](https://citywidemortgage.ca/wp-content/uploads/2016/06/The-Vancouver-Effect-500x220.jpg)
The Vancouver effect?: Surrounding real estate markets experience price boost
Have you heard about the red-hot real estate market … in Parksville? While the Vancouver’s market has been in the spotlight for its rapidly rising values, these sky-high growth rates are now trickling out to surrounding locations. Cameron Muir, chief economist of the British Columbia Real Estate Association, says the entire province experienced a record