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- Vancouver RMLS Market Action Report – March 2008
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The median sale price for March 2008 was $250,000 this is a 5.7% decrease over the median sale price for March 2007.The Vancouver residential real estate market peaked in July 2007 with a median sale price of $269,900. Prices have now fallen 7.4% from that peak.Months of supply (total inventory/monthly sales) is at 11.9 months compared to the 7.0 months of supply in March 2007. A balanced market has between 6 and 8 months of supply.T…
Original Source: feeds.feedburner.com/portlandhousingblogspot
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19 April, 2008| housingblogs |
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