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Posted February 11th, 2012 in Real Estate, Sharing the Experience | 
Rosario Setticasi, President of the Greater Vancouver Real Estate Board has spoken.
According to the Pres, Vancouver home buyers may find the market ‘Rosari-O‘!
Search for your home here. It’s lot easier than other places I can’t mention and you can see the home via Google street view. . Use Walkability to determine the availability of those neighbourhood services most important to you. Don’t be shy, tell your friends who are looking to stop by and give it a whirl. They will love you even more. 
If you would like something more personal that is specific to your budget and needs, give me a shout. Let’s talk and I’ll set you up with a custom search delivered daily to your in box.
Of course, if you got some questions I’m around for that too.
Thinking of Buying or Selling your Vancouver home? Put on a cup of coffee and let’s talk.
*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.
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Hi Larry,
I still take comfort in the FACT that prices ROSE in January.
I see lots of Chinese buyers milling about, it’s only a matter of time before the suitcases full of cash start chasing up prices again.
As you said, risk is a matter of timeframe/perspective, I still see prices doubling or more by the end of the decade.
JMHO
RL
So if there’s an increase in the number of houses on the market, would that possibly indicate an increase in sales over the next few months? These people need to buy again, don’t they? Surely they are not all going away.
@Reggie,
“I still see prices doubling or more by the end of the decade.”
Oh Lololol. That’s more funny than Russell Peters
@dan
Reasonable expectation or some might just be cashing in and moving to other parts of Canada where markets are colder.
I want to comment on the Reggie Says: “the FACT that prices ROSE in January.”
It is true indeed if we compare them YOY but if we look at the 6 month back, the prices have declined since at most of the municipalities – they are -1.1% in Greater Vancouver overall and -0.6% in Richmond where I live, so the peak is probably passed already and we are slowly moving down.
Chinese buyers are may be rich but not stupid and they know that there are the better deals for the investment elsewhere, and for the local people the market is severely unaffordable and detached from fundamentals.
For the housing prices to double it would take an inflation of the magnitude that I would not want to witness.
I am beginning to really like Rosario- his lack of spin is refreshing.
January 2012 Detached home prices up double digits m/m and it wasn’t even mentioned in that video? Seriously?
It seems to me that the home price increases(detached) are being significantly down played.
@10banger
Priorities.
10banger – what do you mean by “January 2012 Detached home prices up double digits m/m”? I guess m/m is a month to month?
I just checked the data and Detached home prices 1 month change is -0.1% for the Greater Vancouver, with some municipalities slightly up – like Vancouver West is up by 1.1%, and some are down – like Richmond is down by 0.7%.
@Reggie
Hi Reggie,
Thanks for all the laughs, you have me in stitches buddy.
I actually thought you were for real at first.
Keep up the good work.
I have seen the Chinese buyers milling about too. It was at a bubble tea shop. Only bubble they are buying into this year.