house for sale vancouver: Vancouver's statistics and prognosis about the real estate market are strikingly similar to Toronto's real estate market outlook where large immigration and high demand caused a booming market. The Vancouver real estate market was indicated by increasing listings, decreasing distribution, rising need, many owners fearful to relocate, the Metro Vancouver region still burdened by the Corona Virus, increasing city debt, continuing high city taxes, along with falling house prices. There also have been recent news reports highlighting the condominium market in Vancouver. Along with this Metro Vancouver real estate market, the neighboring communities such as New Westminster, Coquitlam, Langley, Maple Ridge, Abbotsford, and Coquitlam may also be experiencing a continuous influx of people into the region as a result of high real estate market in the region. The Vancouver area Aug 4, 2009 (4-month update) has a stabilized market with a median sale price of $878,100.

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