Interesting to read the British Columbia Real Estate Association (BCREA)’s report this week indicating that April was the third consecutive month of increasing home sales in BC. It seams cliché to say “this is a good time to buy” but it seems that many people are agreeing that it is. Whether we are now at the bottom and end of the current price correction will remain to be seen, but does it really matter?

The BC Real Estate Association (BCREA) reported on March 13, 2009 that after several months of decrease, that there were more Home Sales last month, than the month prior. Greater Vancouver has experienced a 13% average decrease in prices. The residential sales units fell 45.3% for this Feburary over last Feburary.  The report shows a graph which is shows quite well what is going on.