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When you see people from Asia buying up real estate in White Rock by simply using helicopter cam you know we hit the peak. That was July 2011. Things really slowed down this year. You don't need to have a econ major to know that. Just take at MLS. So many listing and there are many houses that are listed for 60-90 days+ aren't getting sold at all. You know the market has more downside because even with price reduction it doesn't even bring in buyers.
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