The facts

The number of listings of detached homes in West Van has remained steady at 400 for the past few months. This is 50% less than in the latter part of last year when the market was frozen, but still far from 225 which was the number through 2006/7 and earlier 2008. However low interest rates and offshore buyers keep the sales flowing like at the peak, with prices in Dundarave already reaching the same levels as before. Buyers can still lock in a 5 year rate at 3.88% and the ones going with variable rates are saving thousands of dollars at 2.25%.

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