Blog by Major S. Olak

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High sales levels spur rise in home values

November 4th, 2009
VANCOUVER, B.C. – November 2, 2009 – Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year. Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.8 percent to $553,702 from $518,668 in October 2008. “While home prices have been rising in 2009, they have not eclip ...

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