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Tuesday, March 17, 2009

Sales up in the real estate market

VANCOUVER (NEWS1130) - There is some good news in the real estate market. Sales were up a bit last month. Numbers from the BC Real Estate Association show sales jumped 17 per cent from January to February.

The Association credits low prices and historic low interest rates for the increase. Sales are still off by half from a year ago, and the value of properties listed on MLS is also down 50-per cent from February of 2008.

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