Conference Board sees perfect stability

The Conference Board of Canada is predicting perfect stability in the local real estate market for the year ahead.  They see the Metro Vancouver real estate market as currently hot, but not overheating and predict that it ‘likely won’t overheat as 2010 progresses’.

While Metro Vancouver home sales in December tracked a pace that was nearly three times higher than sales last January, board senior economist Robin Wiebe said new listings also rose keeping the overall market in balance.

“Though [the market] is closing on the top of the balanced range, buyers are provided with a reasonable choice as the go out searching for homes,” Wiebe said in an interview.

However, Wiebe added that “it wouldn’t take much to tip [the market] over into seller’s territory.”

That is one factor that has the Conference Board putting Metro Vancouver on the list of cities it expects will see property prices rise between five and just under seven per cent along with Victoria, the Fraser Valley, Calgary, Regina, Ottawa and Halifax.

Edmonton, Saskatoon and Montreal are among the cities that the Conference Board expects will see price increases over seven per cent, with Winnipeg Toronto and Hamilton among cities that should see price increases between three and five per cent.

The Conference Board is estimating that no Canadian cities will see price decreases in 2010.

The full article can be read in the Vancouver Sun.

oldest most voted
Inline Feedbacks
View all comments

[url =]hemorrhoid miracle[/url] is a complete help on hemorrhoids, it furnishes a totally free e book that explains in detail the foundation leads to of hemorrhoids and it also presents at the very least 21 many pure remedies. reverse telephone [url =]phone detective[/url] cell phone number information. registry cleaner 2007 [url =]registry easy review[/url] registry repair program. get pregnant naturally [url =]pregnancy miracle book[/url] cure pregnancy morning sickness. marriage annulled [url =]the magic of making up[/url] a marriage celebrant. to loose weight fast [url =]lose weight fast[/url] way fast. fat loss for idiots diet [url =]fat loss 4 idiots[/url] best and fastest way to lose weight. body work out plans [url =]insanity workout review[/url] full body workout plans. p90x extreme fitness [url =]p90x[/url] bodybuilding. forex mobile [url =]fapturbo[/url] best forex broker. get ripped abs [url =]truth about six pack abs[/url]… Read more »


This is a great website. I love the community here and would like to

introduce myself. I'm

[url =]Michael Davidi[/url]… and have been buying and selling luxury Swiss watches like Rolex, Cartier, Hublot etc. for over 30 years. I have been working with Isreali orphanagesfor over 15 years and donates to local synagogues. If you have any questions feel free to ask away. Many thanks!


Whether you be deficient in to ingrain clients, advertise products, revise your position or attainment credible connections in a responsibility missive, your happen ace in the caboodle fundamentally when it comes to them are to scale letterheads. That is fix! Customized and skilled letterhead printing seeking your tenure letters can be your pre-eminent imperative, and ace in the sleeve to access the increased numbers of responses to your role letters. Eject me validate to you why you should again clothed this merciful of ace suitable your complication newsletters. [url =]lounges in new york city[/url] [url =]dallas pr firm[/url] [url =]dallas pr firm[/url] [url =]dallas pr firm[/url] [url =]home buyers agent[/url] Impost letterheads put your ready duplicate – A customized color letterhead when one pleases be your latchkey to establishing a proficient image. Distinguishable from garden-variety letterheads that look marked, a… Read more »


What's up guys

Just wanted to give props to a miracle eczema treatment that I learned about.

It's basically the only eczema treatment that really works. So I recommend that you take a look.

read here

Or check out this eczema video

No Longer Looking

87 – Maybe true for your specific case. If its just a family with a basement suite, its actually in their interest to report the suite income because they can file expenses as well. If they aren't reporting it, then they are probably just plain ignorant (not surprising). I turned my former landlord into CRA. In this case a whole house with two suites was being rented out for over 24K/year. The guy earned a lot of money through various sources but still tried to swindle me out of my damage deposit (there were no opening or closing inspections). I had to threaten to take him the RTO (where I'd get double back) for him to finally cough it up. For guys like that, I'm sure the CRA has a "where there's smoke, there's fire" rule. Who knows what other… Read more »



Right. 🙂

I wasn't trying to be "picky", though, the point is that the owner of an asset always has two choices: sell it at the current market price, or hold on to it and receive the earnings. Likewise, a non-owner of an asset who needs to use it has the choice of buying at the current market price or paying the earnings to the owner, i.e. renting it.

Deciding which choice is the right one is the key to successful investing. In anything.



Geez, man! Ok, your property's resale value is worth the amount on the cheque the buyer writes the day it's sold, Captain Picky. 🙂



Your property is not worth what you believe. It’s worth the amount on the cheque the buyer writes the day it’s sold. It’s as simple as that.

No it's not. It's also worth what you can rent it out for, if you don't sell it. If you buy a property for less than this value, you make money from it without ever selling it. That also applies if you're living in it, because the rent you don't have to pay is a return to you.

What a concept.




Wanna rent my basement?

No thanks, I like the top floor a lot better. But I'm renting you (and other debtors) my capital at over twice the yield.

the truth

informer is a fuckwit

nuff said


@Informer 10:

And Real estate prices in Winterpeg develop from what exactly? Saskatoon? Regina? Rest of Canada?

Is it association? Same Federal government as the best place on earth? Help me out here!!


These promotional videos have me so confused.

Ok, I'm convinced now, Dubai is the Best Place On Earth.

And their real estate never goes down because wealthy Asians all want to move there.



So is it time to buy or not?

Informer 10

@Sofia:You are shocked at stability of real estate,Stop accusing Harper.

If Harper is behind the rise how come Bernanke and Green Span failed?

Now i know why did you leave your pink underwear and sandles on the door step,You are fucked Sofia.You don't know that Real eastate prices develop through Gouge of Economy and from desire to live in the best place on earth. or else USA real estate should have quadruplet first as Nanke lowered down interest rates FIRST. If you ever wanted to accuse someone accuse your Banker friend who advised you not to buy when you actually should have done it.

@The reason why VRENGD: Beautiful video,Beautiful Vancouver,Nice.


"There is nothing false or fake about monetary policy. Low interest rates are a natural part of our economy. It is what it is."

This is funny.

There is nothing natural about central banking and monetary policy. It is central planning at its worst. Eliminating central banks (what are they really for anyway?) and letting the market set interest rates would be "natural", but we can't have that now, can we?


My god, that was awesome!

It makes me want to go out and bid $200K over asking for an 800K house on Knight St.

Did you see all those 10 foot tall blue/green Na'vi people flying around Stanley Park? If not, try putting on your 3-D glasses.

Geez, I love Pandora. It's the Best Place On……



Ok…. low interest rates are a natural part of our economy…. NOW.

I can easily recall a time when HIGH interest rates were a natural part of our economy. I can also easily foresee a time in the not so distant future (within the next 24 months) when high interest rates will return.

Will you agree that's a natural part of our economy as well?

The reason why VRENG


Wanna rent my basement?


#48 @Krazy Kanuk: "How can everyone save (without saving of course….that’s too hard) multi-millions of dollars?"




A difference of valuation does not a greater fool make, one way or the other

Wanna buy a Beanie Baby?



Low interest rates maybe, but the CMHC is completely artificial and the current trend towards throwing a policy at any drooling half-wit capable of signing the mortgage agreement is most certainly an attempt by the government to 'prop up' housing.



There is nothing false or fake about monetary policy. Low interest rates are a natural part of our economy. It is what it is.

I agree with you on relevant fundamentals. Every market participant places a value on the home they are buying or selling. That is the natural economic relationship of supply and demand. A difference of valuation does not a greater fool make, one way or the other.