The Inside Scoop....

By the time the Media reports any significant changes in the real estate market, it is old news to those of us working "inside the trenches".  (All statistics quoted are sourced from the Real Estate Board of Greater Vancouver and relate to the West Side Residential Market only, unless otherwise noted).  Bookmark this page and come back often for news on micro changes in the market and to get a prospective from someone in tune with the market, and in direct contact with buyers and sellers on a daily basis.
 

Wednesday, February 8, 2012 - Vancouver Westside Real Estate Prices - January 2012

January 2012 Housing Price Index - Vancouver  Benchmark Price 3 Month Change 1 Year Change Detached (Westside) $ 2,204,500 -0.2% + 21.4% Detached (Eastside) $ 837,500 + 0.7% + 12.9% Townhomes $ 682,900 + 6.5% - 8.9% Condominiums $ 472,600 + 2.0% + 4.8% In the month of January, there seemingly was a large increase in the inventory of homes for sale, but in reality, many of those new listings were actually properties that were on the market in the fall of 2011 that did not sell because of o ... Full Article...

posted in Market News at Wed, 08 Feb 2012 12:27:50 -0800

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