That sales activity, of course, has drawn

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That sales activity, of course, has drawn down inventories and that is putting upward pressure on prices. Throughout the province, we expect the average home price to be up 20 per cent to almost $767,000 this year. Again, the BCREA expects the Greater Vancouver market to lead the way with a 24.6 per cent jump in the average residential Multiple Listing Service price, pushing it to $1,125,000 by year end..

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