Westside SFH Inventory Soars – 500 Units in January; Only Jan 2009 Compares

We recently noted that high end neighbourhood Point Grey SFH inventory was up 100% YOY Dec 2010 cf Dec 2011 [VREAA 27 Dec 2011].
Now this from VHB at vancouvercondo.info 6 Jan 2011:
“Another net 21 SFH in VW on realtylink. Inventory is 507. Here is the date we reached 500 SFH for sale in VW in previous years:
2006: July 17th
2007: never reached 500
2008: April 6th
2009: Jan 1st
2010: April 3rd
2011: April 11th
note: when you have to look back to 2008/09 for precedent, that’s a bad sign for the market.
note: VW SFH is behaving differently than the rest of the market, so we shouldn’t infer general trends. But it is still fun to watch what’s going down in HAM-town.”