Positive News On Real Estate » Vancouver real estate robust http://www.positiveonrealestate.com Positive Real Estate News Thu, 09 Feb 2012 15:34:35 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Vancouver real estate robust http://www.positiveonrealestate.com/pr/362 http://www.positiveonrealestate.com/pr/362#comments Mon, 15 Jun 2009 22:27:22 +0000 admin http://www.positiveonrealestate.com/?p=362 Canada is back as May sales in Vancouver were 17 per cent above May, 2008, for the first year-over-year gains in months.

Most activity is among first-time buyers at the more affordable end of the market.In Calgary, for example, 70 per cent of resales in May were on homes priced under $400,000.

“First-time buyers are coming in to take advantage of the ultra-low interest rates we’re seeing right now,” Ms. Warren said.

“My last three buyers, all three lost their offer because they were in a bidding war,” the Re/Max agent said in an interview, adding she has been busier than she has been in months. “Anything up to $600,000 is flying off the shelves,” she said.

Source:http://www.theglobeandmail.com/report-on-business/real-estate-recovering-economists-say/article1181681/

More related Positive News

tt twitter Vancouver real estate robust Tweet This Post

]]> http://www.positiveonrealestate.com/pr/362/feed 0