Dropping the asking price on your Vancouver house-for-sale is currently more common than actually selling the house. Price drops outnumber sales on a daily basis, as inventory rises and there is increasing competition for buyers. Then there are those who appear to be swimming against the current. Figure this one out…, any insight appreciated. -vreaa
1028 29th Ave West, Vancouver. Built 1992; 4207 sqft; 54 x 120 lot.
Came on market 8 April 2010, Asking price $1,988,000
Price change 7 June 2010, Asking price raised to $2,288,000