Archive for October 2nd, 2008

The market – up, down, or sideways?

rebgv.org: The market – up, down, or sideways? The average price chart for the Board tells the story of real estate prices. Since 1977, the evidence is clear. For periods in each of the past three decades there have been dips in the market. The chart also illustrates that real estate has consistently been an [...]

Home prices in Lower Mainland slip below 2007 levels

Home prices in most Lower Mainland markets slip below 2007 levels: Home prices in most Lower Mainland markets slip below 2007 levels Derrick Penner, Vancouver Sun Published: Thursday, October 02, 2008 METRO VANCOUVER – Detached home prices in September slipped below 2007 levels in most markets across the Lower Mainland in the environment of declining [...]

House prices still falling, CIBC says

House prices still falling, CIBC says: House prices still falling, CIBC says Eric Beauchesne, Canwest News Service Published: Wednesday, October 01, 2008 OTTAWA — The Canadian housing market is close to becoming a buyer’s market for the first time in more than a decade, but it won’t be a bust, according to a report by [...]

REBGV September Stats

You can view the complete statistics package for September by clicking on the following link: September Stats. Home prices adapt to affordability demands VANCOUVER, B.C. – September 2, 2008 – The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver declined 42.9 per cent in September 2008 to 1,585 [...]

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