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I saw this pop up on facebook today too:
"The Canada Mortgage and Housing Corp. is forecasting a 5.1% increase in housing starts in B.C. and an 11% increase in existing home sales in 2014."
Just in terms of visuals, I will tell you there are a lot of houses selling right now in New West. Lots of for sale signs, and lots of sold signs.
People are not caring about the prices, and think getting $20k off the price is a bargain.
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