Posted Jul 15, 2010, 8:00 PM
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ON3P Skis
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Join Date: Sep 2008
Location: Lower Lonsdale, North Vancouver, BC
Posts: 2,593
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No, springtime is usually the peak. However things are definitely slowing down and prices are flat or falling a touch. Some of the new product is definitely seeing drops because of the HST. Someone from 700West8th called me back a week or so to say they had cut the prices on the 1 bedrooms there by $40k across the board, still pricy however.
On the other hand, 33 & Main is 25% sold in around 3 weeks with zero advertising, so it's not all bad.
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