Rudy Nielsen, Canadian Real Estate, November-December, 2008
The numbers are in, and after seven years of sold, often double-digit growth, the residential real estate market throughout BC has slowed, according to the recent Q2 2008 Residential Sales Summary by Landcor Data Corp., Vancouver.
What are the numbers telling us? The two key market messages are lower sales and slower price growth. The question we need to consider is: does this mean investors should start looking for bargains,