The real estate market in the Vancouver area is holding strong as depicted by the following sources:
Real estate market expected to remain strong in first half of 2010
By David Paddon, Canadian Press
Copyright © 2010 The Canadian Press. All rights reserved.
TORONTO — Canada’s residential real estate market is expected to remain unusually strong through the first half of this year after a strong finish to 2009, according to a survey published Thursday by Royal LePage.
The Royal LePage analysis is consistent with other recent reports on the state of the Canadian real estate market, which has rebounded over the past 12 months after sales dried up in late 2008 and hit a multi-year low in January 2009.
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Vancouver real estate rebounds in 2009
Copyright © 2010 The Canadian Press. All rights reserved.
Vancouver-area real estate values rebounded sharply in 2009. (CBC) The Vancouver housing market showed a sharp rebound in 2009 after starting the year with near record low sales.
More than 35,600 homes were sold – a 44.8-per-cent jump from 2008, but a 6.3 per cent dip from 2007, the Real Estate Board of Greater Vancouver said in a news release Tuesday.
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Royal LePage forecasts continued rise in real estate prices in 2010
Copyright © BIV Interactive.
Market confidence and expected economic improvements are likely to contribute to an increase in Vancouver real estate prices, according to a Royal LePage house price survey.
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