We’re closing in on the weekend, are you getting excited? Every Friday we do our end of the week economic news round-up and open topic discussion, so lets get ‘er started! Here are a few stories to kick off the talk:
–CMHC: Homebuilding poised for a revival
–Bankers get the bonus, taxpayers take the risk
–Demographia: Vancouver ‘least affordable’ housing (pdf)
–UBC: Olympics offer no economic gains
–Toronto and Vancouver have hottest market
–2000 fewer million dollar homes in the lower mainland
–Scotia Capital thinks Canada in a housing bubble
–Don’t bite off more mortgage than you can chew
–The Desjardins affordability index
–BOC: Household debt ‘most prominent risk’
–US home sales plunge, worst drop in 40 years
–Seattle home prices hit new low
–More China bubble fears
So what are you seeing out there in the streets and lanes of Vancouver? Post your news links, thoughts and anecdotes here and have an excellent weekend!