In the townhome and condo category, the market has shifted from a buyers' market to a balanced market (one that favours neither buyers nor sellers). In the detached home sales: it is still a buyers' market for detached homes but that could shift like the attached market has.
A good sign is that there were at least 3 multiple offer situations in the West side last week-2 of which had 2 offers and one of which had 4 offers. Only one of those sales was for a price over the asking price but it is still a good sign that there are a lot of buyers out there wanting to buy.
Patricia
(604)376-7653