I've compiled a graph of sales in the REBGV (Real Estate Board of Greater Vancouver) over the past 12 years.
2010 was a below-average year for sales but not significantly so. As with 2009 there was a surge in Q4 sales that helped muster some respectability to the sales levels. 2011 starts anew; as a friend from Australia recently commented, the markets in Canada and Australia are drifting into uncharted waters.
Happy New Year