Quote:
Originally Posted by Tapioca
Some interesting stats...
According to the Real Estate Board of Greater Vancouver (which excludes Surrey and Langley) condo sales were 14% above the 10 year average during the month of February, while townhouses and detached houses were down 6% and 32% respectively.
Multiple offers on condos are happening now. Prices for other properties still haven't gone down, so if you want to trade up from your condo to something larger, it might be a good time to do it.
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Every condo we made an offer on also had at least 2 other offers it seemed. For the condo we got there were 5 offers going in.