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The Chilliwack Times

Balanced markets mean steadier housing prices

Paul J. Henderson, The Chilliwack Times, June 5, 2009

Balance, stability, gains–all words that have not been on the lips of economists or real estate experts for many months, but that may be changing.

“The majority of the decline in home prices has already occurred,” said Cameron Muir, B.C. Real Estate Association chief economist in a recent press release.

“Balanced markets are emerging in Victoria, Vancouver and the Fraser Valley.

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