B.C. real estate returning to ‘seller’s market’

October 4, 2009

 An article by Brian Morton, Vancouver Sun dated October 1, 2009:

Vancouver – Rising sales and limited listings have returned Canada to a “seller’s market,” with total B.C. home sales this year up nearly seven per cent compared to 2008, according to a Global Real Estate Trends report released Thursday by Scotia Economics.

“In terms of trends, sales in B.C. have been picking up since January,” Adrienne Warren, senior economist at Scotia Economics, said in an interview. “And it’s been increasing steadily since. For prices the low point was in April.”

Read the full article here.

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