Historically normal activity keeps the Greater Vancouverhousing market in a balanced state  http://storage.ubertor.com/markdriscoll.myubertor.com/content/document/2933.pdf

Residential housing price decline creates buying opportunities

VANCOUVER, B.C. – November 3, 2008 – Housing price reductions across Greater Vancouver over the last six months have eliminated price gains witnessed in the first quarter of 2008.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential benchmark prices, as calculated by the MLSLink Housing Price Index®, decli ...

During the first 4 months this year, from January 1st through to April 30th, 292 homes in the British Properties area were listed, with 86 home sales. For the same period last year, 256 homes in the Properties were listed, with 44 home sales. Included neighbourhoods that make up the greater British Properties are, British Properties, Canterbury, Chartwell, Chelsea, Glenmore, Panorama, Taylor’ ...

REBGV Stats

Home buyer and seller activity increases in busy spring market

The Greater Vancouver housing market experienced increased activity in April thanks to a steady balance of home buyers and sellers entering the marketplace.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 3,512 in April 2010, the fifth highest-sel ...