Considering that Vancouver has been hosting the largest International event that we will ever see for years to come, the real estate market has been fairing not too badly.  Although we saw significantly fewer new listings hit the market last week, the number of sales reported was 97, compared with an average of 120 over the past 7 weeks.  The total inventory now sits at 2,115, only a marginal increase from the previous week.  Inventory of Single Family Homes remains low, at 431, which is keeping prices at peak levels.  We are still seeing multiple offers in Single Family Homes, some selling in the range of $200,000 more than the asking price.  As we move past the Winter Olympics and get somewhat back to normal, it is important to pay attention to inventory levels.  Interest rates will be reviewed again in the coming months, and with more stringent mortgage rules, we could see the market move more into more balance.