Hammer & Watkinson - on top of the market

Finally!  There seems to be a correction in the Vancouver real estate market making it a great time to buy or invest.  The Vancouver Real Estate Board of Greater Vancouver reports that residential property sales in Greater Vancouver totaled 1,568 in August 2008, a decline of 53.7 per cent from the 3,384 sales in August 2007, and a 47.7 per cent reduction from the 2,998 sales recorded in August 2006. New listings for detached, attached and apartment properties declined 1.7 per cent to 4,331 in August 2008 compared to August 2007, when 4,408 new units were listed.