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Blog by Lorne Martinuik

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Fall Market

The current activity in the real estate market is slow. Real estate Board figures point to an 11% increase in the 3rd quarter of 2007 compared with 2006 (August to November), however, sales have slowed considerably since October 1, 2007. This appears to be a repeat of the fall of 2006.  For the past 2 years, the Lower mainland real estate market pattern seems to have changed from; busy Spring and Fall markets - to a strong 8 months (January to September) and weak 4 months (Oct. - Dec).