Website review: Chinese in Vancouver: Forecast: Van...

ogagator ogagator discovered this in Real Estate 1 reviews since Aug 15, 2007
icon tagshome-prices chineseinvancouver.blogspot.com/2007/08/forec...

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ogagator
Vancouver

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ogagator discovered 11 months ago
For three consecutive years, demand for existing homes exceeded the supply of listings, resulting in double-digit price increases. This year the average MLS® price is projected to increase 11.7%. Price growth will slow in 2008 as increased listings and fewer resales bring supply and demand for existing homes into balance. The average MLS® price will reach $464,000 in 2008, a 6.3% increase from 2007's projected level.
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