How much will house prices drop in the year 2011 in British Columbia, Canada?
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Talking about house prices in Vancouver, Richmond, Surrey, Langley, Delta, Burnaby, New Westminster, Abbotsford, Port Coquitlam/Coquitlam, Pitt Meadows, & Maple Ridge.
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Answer:
Home sales in the greater vancouver area/lower mainland are starting to go up, and prices are increasing slightly allready this year.
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Other answers
No one knows. I sure wouldn't count on it. The last I read, a few days ago, they thought things would stay about the same in the foreseeable future. The market is pretty balanced. There's an article in the Globe and Mail business section.
Karen L
They might not rise as fast in the years to come.
thinkingtime
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