Friday, January 15, 2010
BC Real Estate Up 72%?
This is what the headlines are for real estate sales in the month of December in BC. Yes sales are up when you compare December 09 to December 08. We do need to keep in mind that Dec 08 was one of the worst months in real estate sales in 20 years. So, do not get over panic that a huge bubble is occuring in real estate sales. We currently have unbelivable low interests rates and prices dropped which has created a very attractive enviroment for purchasers.