End of the week, end of the month! Sales continue to be pretty strong, but Inventory is growing rapidly and we’re seeing lots of price changes recently. We’ll know what the end of the month price stats show soon, but for now lets do our regular end o’ the week economic news round up and open topic discussion thread. Here are a few stories to kick things off:
-Sales to listings ratio whiplash!
-70% of sales in BC to FTBs averaging $45k income?
-Who’s to blame for the housing bubble?
-Watch out for thieves at open houses
-60 applications so far for the 128 OV rentals
-‘Backyard cottages’ help with high cost of Seattle homes
-Miami condos starting at $24 per square foot
-IMF economist predicts bleak outlook for house prices
-10 cities for retirement property steals
So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!