Diane Birk
Royal LePage Westside
5970 East Boulevard , Vancouver, BC
P: 604-261-9311
F: 604-261-6648
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Thursday, April 23, 2009 - Interesting News for Naysayers

Finally, after a terribly frantic and hectic week in real estate, I am able to sit down and analyze the market activity (aside from my own) for the past 8 days.  It is completely in balance, with 338 new listings, and 283 sales!  

This morning, I attended my monthly networking meeting of Royal LePage Realtors, the BC Breakfast Club, and it seems that Vancouver's Westside is ahead of other markets.  Squamish appears to be a couple of months behind the West Side, and the eastern suburbs appear to be about a month behind.  No question, the phenomenal interest rates available today, coupled with a stable inventory have led to an increase in market activity.  It is my personal feeling that we have seen prices bottom out in the under $325,000 price point in condos, and in the under $1 mil price point in detached homes.

posted in General at Thu, 23 Apr 2009 18:32:38 -0700



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