Good outlook for the future of Lower Mainland real estate.
If prices are going down, as so many claim, wouldn’t it just be talking a little off the massive gains people have had in the past few years? Detached homes are where the real gains have been made. So when you listen to the “Market Stats” from the media, please remember they are lumping everything into coming up with one big misleading number. I don’t believe that combining multi-million dollar homes with small inexpensive condos in all areas gives anyone a realistic number. Contact me or your agent to get local neighborhood stats based on the type of home you are buying or selling. This chart is just one example of average prices over the past few years.
Home sellers continue to outnumber buyers in Greater Vancouver’s summer housing market
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REBGV Market Update for July 2012 | Real Estate Board of Greater Vancouver
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