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August 31 2009
With the whole world experiencing a market correction, in both real estate and stock values, West Vancouver real estate market is also affected. With the price of homes in West Vancouver, and surrounding areas, retreating to lower levels, and with very low interest rates, now it is a great opportunity for purchasers to move up to the market, to get that larger home they have been thinking of, and for investors to purchase a quality investment property.
In spite of the current correction in West Vancouver real estate market, never forget the importance of West Vancouver, and the great attraction it provides for people from all parts of the World wishing to relocate to this beautiful and gorgeous city. If we see and analyze the past, the West Vancouver real estate market has increased steadily, with only temporary corrections in the market. The great news for West Vancouver real estate market is the up-coming 2010 Olympics. The up-coming 2010 Olympics will be an event that will put West Vancouver back on the World map, and prospects looks bright in very near future.