The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province declined 36 per cent to 5,507 units in October compared to the same month last year.
Tagged: Population Growth
The British Columbia Real Estate Association (BCREA) released its Fall Housing Forecast 2010 today.
Located between the North Shore mountains and the Pacific Ocean, West Vancouver, British Columbia, Canada is a short drive across the Lion’s Gate Bridge from downtown Vancouver.
After a strong finish to 2009, and a robust first quarter of 2010, housing starts have moderated.
What drives Vancouverâ€™s house prices so relentlessly to levels four times higher than Winnipegâ€™s, and more than half again what Torontonians pay?
Itâ€™s simple, says Tsur Somerville of UBC Centre for Urban Economics and Real Estate.
â€śIf you want Winnipeg-level house prices here, all you have to do is tear down the mountains and fill in the ocean.â€ť