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August 2011 Real Estate Update - Balanced Market

(September 14, 2011)

August marked the 3rd consecutive month that home sale activity in Greater Vancouver was below the 10-year average for the month. However home listing activity in the region has exceeded the 10-year norm every month since the beginning of the year.

MLS statistics continue to indicate that we're in a balanced market.  Greater Vancouver is trending toward a buyers market over the past 3 months.

In Nort... read more.