Dec 2006 4

November average days-on-market same as in 2005

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Here is the news from the Real Estate Board of Vancouver, B.C. Dec 4, 2006.

"This is the first time since April 2006 that we've seen new listings tighten in comparison to the same period in 2005,"

"However this decrease was balanced by our higher year-to- date inventory of active listings and the fact that the average days-on-market for homes selling in Vancouver has remained unchanged at 43 days when compared to November 2005."

"The combination of all these factors may continue to relieve the pressure we've seen on home prices throughout 2006."

"This is a good market for both buyers and sellers. Use a REALTOR® to find the best value for your dollar."

You can download the whole Vancouver real estate news release here in PDF format.

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