Summary of Vancouver 5 major cities in the first half of 2011

Please click Podcast(Part 1) and(Part 2) listen to Cantonese interview

There are a few Economists predicted Vancouver housing market is going to drop. They range from 1.6% in the 2nd half of 2011, 15% by 2012 & 25% within 3 years. Back to 2008, Economists predict Vancouver market was going to drop as big as 35%. However, I shared with the listeners in the past that even Economists said their accuracy maybe 20%-30%. I feel that the world leaders have learned a good lesson from 2008. I logically think they will do their best to avoid it repeats the 2008 situation again. I always said the weather forecasts can only forecast the next couple of days, can I believe in their 3 yrs prediction? No matter we hear positive or negative news, I hope we don’t treat these news like watching the stock market.

There are 4 major cities in Lower Mainland & 1 city in the Fraser Valley area that are popular to the Chinese new immigrants. Let’s me start to share the following areas with you:

Richmond
	Total	over	at
Jan	206	77	17
Feb	251	88	21
March	207	57	19
April	138	27	8
May	145	18	7
June	147	11	7
July	53	7	3

West Vancouver
	Total	over	at
Jan	64	6	4
Feb	111	18	7
March	135	28	10
April	149	31	14
May	160	46	8
June	116	27	6
July	44	8	2

White Rock
	Total	over	at
Jan	114	15	10
Feb	180	29	7
March	231	48	24
April	208	22	13
May	184	19	4
June	115	17	12
July	43	3

Burnaby
	Total	over	at
Jan	83	17	2
Feb	135	30	6
March	153	57	5
April	152	58	6
May	144	59	9
June	101	32	9
July	48	13	3

Vancouver West
	Total	over	at
Jan	168	53	11
Feb	261	114	17
March	258	109	16
April	214	81	13
May	239	80	13
June	180	66	10
July	65	24	3

 

Tina Mak Personal Real Estate Corporation

Vancouver Radio Realtor AM1320

The Bridge from East to West since 1992

http://www.TinaMak.com

http://www.TinaMak.ca 温哥华中文地產綱站

http://www.GenYrealestate.ca

604-412-5860 

Advertisements