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Conference board says real estate market “balanced”in Metro Vancouver

December 5, 2011

Filed under: Real Estate Market,Vancouver — Richard Morrison @ 10:51 am

Greater Vancouver’s resell houses industry has transferred into a “balanced” range where neither client nor home owner have any particular advantage in discussing a purchase, according to a Conference Board of Canada document published Tuesday. As well, the report’s writer stated that he board’s metro Resale Index – November 2011, there is no longer a risk of a property “bubble” growing in the location. “The threat of a bubble has largely dissipated,” senior economist Robin Wiebe said of Metro vancouver. “But, really, […]