B.C. Real Estate Prices - Update
November 1st, 2006According to an October 19th, 2006 Vancouver Sun article, an 8% increase in real estate prices is expected for 2007, which will put an average Vancouver home at $543,240.
According to RE/MAX, which has about 28% of the Vancouver market, there will be fewer sales and an increase in properties on the market.
Even though the B.C. economy is strong, and mortgage rates low, affordability is stil ...