Comments on: Friday free-for-all

By: freako

freako — Fri, 07 Sep 2007 15:45:00 +0000

we have $11,257 increase over houses in $$$ volume,if your monthly calculation comes to $4000 isn't that equal to 4 month of payment of profit for the bulls.Yes, if you believe in perpetual motion machines.

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By: satv

satv — Thu, 06 Sep 2007 16:25:00 +0000

hahaha she is hottest aunt in vancouver.

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By: Jim

Jim — Thu, 06 Sep 2007 15:03:00 +0000

satv:Well said. In answer to your question, I think the blue cow crows at midnight.

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By: satv

satv — Thu, 06 Sep 2007 11:26:00 +0000

JIM,there are different metrics, I have notice which confuse us some time for example your neighbrour's "chandler" calculate vancouver average in july $831,554 do you have any Idea.why is that different than stat from rebgv that says"$714.810 for july.

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By: Jim

Jim — Thu, 06 Sep 2007 11:04:00 +0000

Prices up. Inventory flat. Hmmmmm.Somewhat comforting. I guess I didn't quite pick the top perfectly. As to affordability: its stratified.

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By: satv

satv — Thu, 06 Sep 2007 10:37:00 +0000

GVRD?you mean METRO VANCOUVER?

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By: si fu

si fu — Thu, 06 Sep 2007 10:20:00 +0000

Rich foreigners " eager to move their money out of country and invest it in real estate in North America ". That phenomenon explains the London RE bonanza, and probably does explain part of what is going on in Vancouver. Lots of condos are either empty most of the time or rented out by offshore owners. Unlike London, I don't see the super-rich actually living here, with the exception of one or two of Li Ka Shing's kids. Once investor confidence runs out we may see the so-called "black money" moving to more favourable markets. Just because they want to keep their money safe doesn't mean it has to be here. Toronto is cheaper and not so bubbly in comparison to the GVRD.

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By: satv

satv — Thu, 06 Sep 2007 08:55:00 +0000

Fraser Valley benchmarksAugust $ 526,879July*** $ 519,896change in %1.3%Median PriceAugust $485,000July*** $472,000August 2007 sales were second highest compare to 2005.Market is very strong than prediction so far.

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By: satv

satv — Thu, 06 Sep 2007 08:30:00 +0000

Best WishesThe Pope where are you,and where is Will Wertheim,Solipsist as well.hope you guys are in pink of your health.wish you all the best and back to desk ASAP.Freako,we have $11,257 increase over houses in $$$ volume,if your monthly calculation comes to $4000 isn't that equal to 4 month of payment of profit for the bulls.July benchmark $714,810August^^^^^^^^ $726,067

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By: patriotz

patriotz — Thu, 06 Sep 2007 02:53:00 +0000

â€œYou need to know when you are straying from fundamentals. Itâ€™s hard, when you are in the middle of the storm, to know.â€Hard to calculate positive cash flow Dave? Maybe for you.Cabal of foreigners from Asia and Europe was gradually immigrating into Vancouver over the last century.Oh, these "dumb rich foreigners" explanations just won't go away. Over the last century you say? So why was there are crash in the early 1980's and a bear market in the 1990's? Let's throw in the Great Depression too. Don't tell me, 2001 marked a "new paradigm".Also, I suggest you try to figure out why demand curves slope down. Hint: the deep pockets always pay less they are willing and able to.

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