Thursday, November 13, 2008
Shuswap Real Estate showing decreases over last year.
by Donna Curdyk on Thu, Nov, 13, 2008 11:15 PM
Categories: investment properties, properties, Real Estate market trends, recreational properties, shuswap
We are hearing so much in the media about the gloom and doom of the real estate market so what are the numbers?
The numbers according to the Okanagan Mainline Real Estate Board:
Listings are up 28%
Units sold are down 36.90%
We do need to put this into perspective though these numbers are compared to last year which was a phemominal year where prices soared.
Most people who are buying also have to sell thus even if you are not selling for what you could have last year, you are also not buying as high.
If you are an investor deals are beginning to appear.
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