It's now clear, we are off the peak.
The latest Real Estate Board of Greater Vancouver's average price graph
supports recent media articles which have been quick to get on board the
idea that our market is softening and that it's now a buyer's market.
This has been the case in the luxury waterfront condo market for some
time now but is now apparent thoughout the entire market. Prices are
coming off and active listing inventory remains at high levels.
Basicaly, we have a simple supply and demand problem. Contact Shaun
with comments or questions.