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First-Time Buyers Driving Market: Report
Date Published: March 12, 2009
Author: Brian Morton, Vancouver Sun
Article Category: Real Estate Articles

First-time buyers driving market: report

‘People … taking advantage of record low interest rates and price depreciation’

By Brian Morton, Vancouver Sun

March 12, 2009

First-time buyers are now the driving force behind a Metro Vancouver real estate market that’s showing increasing signs of recovery, according to a report released Wednesday by RE/MAX.

"This survey says that people are confident in their jobs and taking advantage of record low interest rates and the price depreciation that’s occurred," Elton Ash, regional executive vice-president, RE/MAX of Western Canada, said in an interview... < read more >

http://www.vancouversun.com/business/First+time+buyers+driving+market+report/1377800/story.html

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