Well, well.. what a year it was. Canadian house prices took a leap from a shallow recessionary dip fueled by dirt cheap interest rates, financial stimulus and speculation. Now instead of ‘bubble talk’ about the Vancouver market, we hear the federal government making some fuss about the potential of a national housing bubble – even in places where house prices aren’t 10x the local income. Here’s the last open topic posting for 2009, but the first for 2010. Hope you all have a great year!
–Time for Canada to take away the housing punchbowl
–How big a mortgage can you carry?
–Its different in Seattle
–Nice home, wheres the rest of it?
–From Boom to Bust, how Ireland did the noughties
–USA: 10 years, no gain in house prices
–Renters win as vacancy rates rise
–Chinese RE bubble may lead to US style slump
–Five bubbles set to burst in 2010
So what are you seeing out there? Any predictions for the new year? Resolutions? Post your thoughts, news links and anecdotes here and have a great weekend and an excellent new year!