Vancouver to drop 3.5%.
BC to drop 2.5%
....in 2012.
All from the pen and mouth of our very own Cameron Muir.
and here is what they say about Victoria
' Prices in Victoria will remain below the $504,561 average in 2010, however, slipping to $499,000 this year, then up to $501,000 in 2012.
“The Victoria market is being impacted by slower growth in employment, reduced interprovincial migration flows and continuing weakness in US tourism,” said the report.'
“The Victoria market is being impacted by slower growth in employment, reduced interprovincial migration flows and continuing weakness in US tourism,” said the report.'