I've spoken to both a mortgage broker and realtor about rising house costs, and about how the BoC has already stated a non-gradual interest rate hike, etc. 

In my opinion Denver is one of the stronger rising markets right now.  

Could it have continued to rise that much in 2 weeks!? 

Markets are continually fluctuating, inventory volume is constantly going up and down, mortgage rates rise and fall, technologies are introduced, removed, and the list goes on and on.

Now if you can hold 400k+ houses in memorial, they will rise to 1MM in a few years. 

.- I wanted to keep the yield of my labor/ideas, take control of my future, live through my efforts and rise or fall on my own merits.- REI was the only thing I could start doing right away, which I was also already somewhat familiar and could also provide enough income and growth to secure a financial future.

On the rise or stagnant?

Not spectacular numbers, but the area is on the rise as the town government has been pushing the development of a technology center and community/sports center over the past few years.

The problem is the person who gets the loan can barely make that payment and when the interest rates rise, so does your loan payment.  

Also, your loans on the property (when handled correctly) are tax-deductible, paid off by your tenants and (with the seemingly natural rise of inflation), paid off with weaker dollars than you used to purchase/refinance the property with.On the other side of the coin.