Hmmmmm….somehow, I think it’s going to drop even more! People who are selling “big ticket” products are really hurting right now! There’s going to be a lot of real estate people looking for part time jobs to tie them over until this recession is over….

The so-called benchmark price for a typical single family home Metro Vancouver dropped 11 per cent to $659,638 in January compared with the same month in 2008.

Photograph by: Vancouver Sun, files

Metro Vancouver real estate markets in January recorded their lowest level of sales since the early 1980s, the region’s real estate board reported today, with benchmark prices down 11 per cent from the same month a year ago.

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This entry was posted on Tuesday, February 3rd, 2009 at 11:08 pm and is filed under Kerry's Tidbits. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.