James Wilson: QV Operations Manager on the increase in residential home value

The tide could be beginning to turn on our real estate market.  QV data shows the average national home value increased by 0.5% in the last three months and its now sitting at just over $893-thousand.  It's the first quarter of positive growth since the housing downturn began in late 2021.  Operations Manager, James Wilson, says it's driven primarily by first-home buyers outside of our main urban areas.  He expects the trend of flattening and slight increases will continue to be seen in coming months.  LISTEN ABOVE See omnystudio.com/listener for privacy information.