What’s Ahead for Metro Vancouver Real Estate
by James Schouw BIV, December 14, 2009. James Schouw is the owner of James Schouw and Associates Inc. and is a former BIV Forty under 40 award winner
A year ago Vancouver was hit by the global economic and credit tsunamis and the 7 year real estate boom was declared dead. Sales were sluggish and may expected recovery to be slow and painful.
REBGV reports that sales year over year to October 2009 increased 171.6%, representing 171.6% of October 2008’s tally.
What happened and what’s next? (more…)