A lot of it will expire. Most people take out a three month contract with their selling agent. Often after those three months are up they will drop the listing if they don’t have pressure on them to make the sale (re-locating for a job, death, or inability to pay the mortgage).

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‘Perfect storm’ hits Canada’s tourism market

“TORONTO — A summer of record oil prices, a strong Canadian dollar and a slowing world economy are creating a “perfect storm” that’s putting a dent in Canada’s tourism market this summer, industry officials say.

Canada’s three major tourist destinations — Toronto, Montreal and Vancouver — all reported noticeable declines in visitors in July, and experts say it’s because of a myriad of factors.”

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“Before I get to that, let’s be clear about one thing: Even if this bill succeeds in its aims, heading off a severe credit contraction and helping some homeowners avoid foreclosure, it won’t change the fact that this decade’s double bubble, in housing prices and loose lending, has been a disaster for millions of Americans.

After all, the new bill will, at best, make a modest dent in the rate of foreclosures. And it does nothing at all for those who aren’t in danger of losing their houses but are seeing much if not all of their net worth wiped out — a particularly bitter blow to Americans who are nearing retirement, or thought they were until they discovered that they couldn’t afford to stop working.”

I’m rather confused about the last sentence. Krugman has correctly called the housing bubble since 2005 – which means that the price of housing is inflated and must revert to fundamental valuation. And yet he talks as though there is something the government can do to stop that from happening.

A house is only worth what you can rent it out for, and people had better get that through their heads. Bubble valuations were an illusion.

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http://www.canada.com/saskatoo.....7c286159a9

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Do you honestly think those people in the DTES were borne there? Is there a Vancouver-raised French-speaking population at Main and Hastings I’m not aware of? Those people relocated themselves to the DTES to partake in the, ahem, ‘culture’ there.

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WTF is going on there?

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Then, I looked at the Evening Herald quote from the Dublin County Sheriff, who is responsible for evictions, talking about the increasing numbers of people who can’t pay their debts. “There is a massive amount coming down the tracks. If it is all to be dealt with on a repossession basis, there will be an awful bloody mess.”

http://www.independent.ie/opin.....41646.html

Newsflash, tqn, satv, does the above sound familiar to you?

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‘Perfect storm’ hits Canada’s tourism market

TORONTO — A summer of record oil prices, a strong Canadian dollar and a slowing world economy are creating a “perfect storm” that’s putting a dent in Canada’s tourism market this summer, industry officials say.

Canada’s three major tourist destinations — Toronto, Montreal and Vancouver — all reported noticeable declines in visitors in July, and experts say it’s because of a myriad of factors.

Montreal officials expect roughly 7.8 million tourists this summer, bringing in nearly $2.7-billion, but that’s down compared to other years, said John Dunn, executive vice-president of Tourisme Montreal.

“We’re suffering the perfect storm right now,” said Mr. Dunn. “We’ve got high gas prices, high dollar, American passport regulations and a slowing economy. So there’s nothing worse for the tourism economy than all those things put together.”
A Toronto double decker sight-seeing tour bus sits empty up top as it roams the city earlier this year.

Although visits from Europe and South America are on the rise, those tourists have been unable to fill the void left by the Americans choosing to stay home because of a sluggish economy and high gas prices, he added.

Vancouver, which usually attracts around 8.7 million tourists a year and $3.7-billion in visitor spending, has seen six per cent fewer Americans this year compared to last.

Stretched over the course of the year, that number is significant, said Walt Judas of Tourism Vancouver.

“We’re talking between 150,000 to 200,000 overnight visitors from the U.S., which is a substantial number,” he said.

Tourism in Canada is an integral part of economy, accounting for $28.6-billion of the country’s gross domestic product in 2007, said Greg Klassen, vice-president of marketing for the Canadian Tourism Commission.

“(Tourism) is as big a contribution to the GDP of Canada as forestry, fishing and agriculture combined,” said Mr. Klassen.

“It’s a massive impact but it’s spread out across the country.”

The effect of high gas prices on tourism this summer won’t be known for some time, but there’s no doubt there will be an impact on both air and car travel, he added.

“I think by the end of the summer we’ll look backwards and be able to isolate the fuel costs,” Mr. Klassen said.

Toronto, which attracted 10.6 million visitors and more than $4-billion in tourist spending in 2007, saw encouraging early summer figures in 2008, but has since tailed off, said Andrew Weir of Tourism Toronto.

“We’re cautiously optimistic for the remainder of the summer, but we know it’s been a difficult period for some tourism businesses,” he said.

The latest Statistics Canada numbers on travellers are from May 2008 and show that in the first five months of the year, nearly one million fewer visitors entered the country compared to 2007, a decline of more than 10 per cent.

In May alone, nearly 200,000 fewer tourists entered the country compared to the same month in 2007, a drop of seven per cent.

By contrast, more Canadians are choosing a vacation abroad.

Between January and May, nearly 2.5 million more Canadians left the country than did during the same period in 2007, a jump of almost 13 per cent.

A strong dollar means more Canadians leaving, and not enough tourists — mainly Americans — are arriving, said Mr. Klassen.

“Our travel deficit is ballooning,” he said. “It’s a huge concern.”

Meanwhile, parts of the Maritimes have fared marginally better than the rest of the country, with Nova Scotia seeing a slight increase in tourists for the year up to May 2008, but those numbers include visitors for the World Hockey Championships held in Halifax.

Another concern is the unpredictable weather central Canada has experienced this summer, Mr. Klassen said. Toronto has seen its wettest summer on record and Quebec City’s 400th anniversary has been a largely soggy affair.

Even sports haven’t been immune, as the 2008 RBC Canadian Open in Oakville, Ont., had its first round delayed by heavy rain on Thursday and also saw a nearly three-hour delay on Saturday.

Although international airline travellers book well in advance, it’s the short-term travellers who might be affected by rainy weather, said Mr. Klassen.

“If someone’s planning a weekend trip from Montreal to Quebec City or Detroit to Toronto, weather outlooks can have an impact,” he said.

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““In Vancouver sellers are fool and buyers are smart”-Christina Aguilera”

Excuse my french.. WTF???
Isnt she the dye blonde dancer/singer? LOL

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I think you would love the military! Not only do they march in pride pride parades now, but they fight religious extremism in Afghanistan. Just think, after you have finished your tour of duty over there, you can go right to work on the Fraser Valley. It will do wonders for the daily numbers!

Happy Pride!

Yep, the name really is a double entendre

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Somebody wake up Pope!

How many drops is this for you Rennie?

Seventeen… Simulated.

How many combat drops?

One, including this one…

(sorry I got swept up in the moment)

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“I told anyone who matters to me to sell all their property” Ton Criuse

“Wisemans already sold and dum warehouse worker buy now” Stefan Harber

“if stupid buy in north yaletown rich get richer and warehouse worker get poor for decades to come” B.Renee

“buy gold today and get rich” krish2

“negative equity and capital loss good for richer get richer”

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Biding bar has shift towards rental market from buying and selling.I think last few moments for discount unless sellers realise the rental spin then the sitting out idiots will jump in like “smart buyers”

Despite a dip in home sales, inventories will soon edge lower as home sellers adjust their asking prices to reflect market conditions listing will be disappear as soon sellers realise their dumbest mistake ever sellers going to pull back their units and sitting out idiots or sold out cheaters going to run back to buy what ever unit will be available in the market.

In response to Brittanny #37 since she has sold her house last year so far brittany got 75% hair cut
http://www.killsometime.com/Pi.....ic1282.jpg Hey Brittanny get back to market and get back your hair style then together.

Ah we can dance if we want to, we can leave your friends behind
Cause your friends dont dance and if they dont dance
Well theyre are no friends of mine
I say, we can go where we want to, a place where they will never find
And we can act like we come from out of this world
Leave the real one far behind,
And we can dance……….

“In Vancouver sellers are fool and buyers are smart”-Christina Aguilera

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