It’s Friday again and that means its time for another open topic friday free-for-all post. Here are a few stories from the week:
-Merrill Lynch: Vancouver houses 35% overvalued
-Van west median house sales price drops $298,500 since Feb
–Building permits take a plunge in BC
-BC economy losing some zip
-Revisiting the great Canadian housing myth
-Expensive? Just split the house down the middle
–Floating condos, just like Florida
-Want to talk about your money & retirement?
–US Stimulus effect fades quickly
So what are you seeing out there? Is it a good time to buy or sell? Post your news links, thoughts and anecdotes here and have an excellent weekend!
note: any conversation on Vancouver, real estate or economics is allowed, please keep it civilized. When posting articles please only quote pertinent points and link to the original instead of pasting the entire article here. Pasting a link will automatically create a clickable hot-link. Thanks!