It’s Friday and that means open topic time at VancouverCondo.info. Here are a few stories I’ve noticed this week:
–Long term mortgage rates rise
–Luxury home sales to slow
-Canada: at risk for housing market meltdown
-Scotiabank: no risk for housing market meltdown
-Canada’s central bank braces for US recession
-Flaherty: Serious consequences if US bailout fails
-Washington Mutual: Biggest US bank failure yet
-TD: No worries of a great depression
So what are you seeing out there? Post your news, links and thoughts 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!