Comments on: CIBC: Canadian housing market predictions

By: Sean

Sean — Mon, 24 Nov 2008 13:38:16 +0000

WOW! I have followed several threads from Oct until now! how interesting it is to see the changing opinions and "fear factor" at work! as well as the constant blundering of both American and Canadian governments! honestly! if anyone had "ANY" idea of what is happening or what will happen in the future, they would surely make a ton of money! what I see, especially in southern Ontario, is a complete restructuring of not just the economy in general but a complete restructure of the manufacturing industry! kinda sounds to me like crossing the ocean in a canoe!

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By: Raincouver

Raincouver — Thu, 09 Oct 2008 22:07:34 +0000

Looks like the wealthy are still doing fine. Vancouver luxury sales up 5% over last year. Why do people post this stuff? The rich have always taken care of themselves. It's not new. pphhfftt.

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By: crabman

crabman — Thu, 09 Oct 2008 10:12:42 +0000

Looks like the wealthy are still doing fine. Vancouver luxury sales up 5% over last year. The RE/MAX Upper-End Report, which highlights trends and developments in 15 housing markets across the country for the first seven months of 2008 found Vancouver, Victoria, Regina, Saskatoon, Winnipeg, London, Kitchener-Waterloo, Ottawa, Halifax-Dartmouth, and St. John’s all experienced an upswing in sales activity...“In two-thirds of the markets we surveyed, demand for upscale homes surpassed peak levels reported last year,” says Elton Ash, Regional Executive Vice President, RE/MAX of Western Canada.

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By: Big Crash

Big Crash — Thu, 09 Oct 2008 09:06:14 +0000

Does anybody know how Home Depot and other home improvement centres in Canada are doing in term of sales?

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By: richard

richard — Wed, 08 Oct 2008 23:35:53 +0000

our banks don't need help but... reminds me of the credit facility the fed put up in the US which they weren't going to use but ended up using anyway... hope that's not the case here

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By: jesse

jesse — Wed, 08 Oct 2008 23:25:40 +0000

Man that -20 text is small. The tribe has spoken.

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By: freako

freako — Wed, 08 Oct 2008 21:40:47 +0000

I’ll be sipping tequillas down in Mexico with the rest of the bulls. Sipping tequilas? Yech.

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By: Keeping an eye on th

Keeping an eye on th — Wed, 08 Oct 2008 21:10:35 +0000

There were 1,301 people behind on their mortgage payments in July, up from 702 people a year earlier.

A real estate expert believes there is no need to panic.

Don Campbell, president of Alberta Real Estate Investment Network, said the number is relatively small, making up 0.28 per cent of the 471,913 mortgages across Alberta.

http://www.canada.com/reginaleaderpost/news/story…

There you have it,yestereday Rennie told us not to worry and now the great Don Campbell( an expert) says don't panic.

If I hear the same thing in the next couple of days from another authority such Muir or Pastrick, I am going to buy!

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By: VHB

VHB — Wed, 08 Oct 2008 20:44:55 +0000

@52: Guilty!!!

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By: bdk

bdk — Wed, 08 Oct 2008 18:44:57 +0000

Strataman, what if CIBC sells to Manulife?

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