I don’t know if the real estate market in Vancouver has ever only declined for one year, particularly at the beginning of a global recession, and I know what most of you think about that question anyways, so I won’t ask if you think we’ve hit the bottom of the real estate correction..
I am however seeing encouraging signs that we’ve hit bottom of the bursting real estate bubble blog bubble though, despite the disappointing news yesterday of Condohypes closure. We originally called this bubble at the beginning of 2007, and at the start of this year we reported on the apparent bursting of the bubble blog bubble. Now however, we get news that Fish is back. That link has been updated on the links to the right, along with a belated correction of the link to Housing Analysis.
Is this just a spring bounce or the return of the Vancouver bubble blog bubble? Either way we’re always like to see new independent sources of information and opinion on the Vancouver real estate market, even if they’re old sources.
So when you change your mind Condohype, we’ll be happy to welcome you back.