Fewer sales, more listings keep lid on home prices, reports say

Sat, Oct 8, 2011

Vancouver Real Estate

A combination of fewer sales and more listings is putting the lid on home price increases in Metro Vancouver and the Fraser Valley, according to the latest real estate numbers released Tuesday. “We are in a buyer’s market,” Rosario Setticasi, president of the Real Estate Board of Greater Vancouver, said in an interview. “There’s lots of choice. [Buyers] don’t have to make any rush decisions and they can take the time to buy their dream home.”

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