“Das record-breaking real estate market cycle in Greater Vancouver, longer than normal at seven consecutive years, endete in 2008 amidst global economic challenges.”

That’s according to a berichten von der Real Estate Board of Greater Vancouver, die auch darauf hingewiesen, dass, “The change brought relief from rising prices that saw benchmark prices escalate from $357,770 for a single family detached home in December 2001 auf $648,421 by December 2008.”

And if you were feeling priced out of the Vancouver market, take heart.

Das sagt REBGV, “Seit Mai 2008, the overall residential benchmark price has declined 14.8 Prozent in Greater Vancouver zu $484,211 from $568,411.”