It would be pretty much impossible to buy that unit at that price. The new normal is that you list your property at below market rate and a get nice silent auction going.

for example a friend of mine just bought a condo in vancouver last week, List price was around 500K, he put an offer of $530, got a counter of $550 and it finally sold for $580.

http://bc.ctvnews.ca/fierce-bidding-wars-a-new-reality-in-lo...