Yes prices are down but not all properties are.

 

As Cameron, here, says, average prices are affected by the high end market prices falling much more than low end markets resulting in average prices being dragged down.  Places like Victoria are seeing prices continue to climb and here, in Vancouver, the condominium market is "hot" with prices still climbing. 

 

To find out how your home is affected in today's market, call me. 

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