Realtors continue to imply bullishness, or at the very least attempt to sit on the fence. This from Rob Chipman at his blog 02.May.2008 -
1280 Rupert Street, East Van. $725,000 asking price, May 2008. 2,596 sqft.
“We’ve reduced price on 1280 Rupert Street and will be having an open house Sunday. This is a excellent house in a great location, and if you’re looking for an East Van family home it would be hard to do better. If you think the market is imploding, stay away. But, if you think the market is just taking a breather, this is great value. Compare what you get for $725,000 with what you get for $650,000 and I think you’ll agree.”