House prices in vancouver?

Since recent changes in interest rates, I have heard that house prices have gone down significantly. Is it a good idea to sell? When is it really going down? Any analysts here who can help?

Answer:
Okay, lets do this. Take a nice cup of coffeee and browse these news resources. Nobody knows the answers, but if you read all these news, you will know. I heard some news sites saying the interest rates are likely to go down, but there is no gurantee.

You have to read and enjoy these to come to a conclusion.

Housing price gains to slow in 2007
http://www.canada.com/nationalpost/news/.

Market Outlook negative
http://www.thestar.com/nasapp/cs/content.

Housing Sales Drops
http://www.vernonmorningstar.com/portals.

Vancouver real estate hits stratosphere
http://thechronicleherald.ca/novascotian.

U.S. real estate crash could cause global ripples
http://www.theglobeandmail.com/servlet/s.

Rise in B.C. real estate prices to slow
http://www.canada.com/vancouversun/news/.

Vancouver Realtors Report Brisk Entry-Level Housing Market
http://realtytimes.com/rtcpages/20030919.

These links did not just pop-up, i did a bit of research on your topic to find your some answers. I wish I knew the future, but it looks like it is worth selling if you can get the best deal!!

Good luck
Referring to Vancouver, Canada, or Vancouver, USA?
Here is a list of websites offering large range of Appartments and real estate as per price and loaction. Check it here,
http://realestatesell.blogspot.com/.

The answers post by the user, for information only, BAnswer.com does not guarantee the right.

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