Here is the news from the Real Estate Board of Vancouver, B.C. November 5, 2007.
"This is only the fourth time in 25 years that sales have surpassed the 3,000 mark in the month of October,' says REBGV president Brian Naphtali. 'What we’re seeing is a buoyant market fueled by strong demand from both first-time and repeat buyers."
"The economy is healthy," Naphtali says. "There’s virtually no unemployment. Interest rates are steady. These are all factors affecting the continued strong demand for housing"
You can download the whole Vancouver real estate October 2007 news release here in PDF format.