I have seen a few requests for an update to the 'you are here' graph. Well, here it is. Data are from Royal Lepage here.
Here are all the caveats. All prices are adjusted for inflation, using Q1 2010 prices. The graph looks pretty much the same with a log scale or if you put the y-axis to zero. This is for Vancouver West condos--not because they are representative of the broader market but because this is ground zero for the bubble.
How far down to you expect this to go? How long? Why?