Downtown Vancouver Townhouse Listings
YLTNBoomerang just sent in an update of their Downtown Townhouse listings graph:
Like most other market segments we’ve hopped up close to the high number of listing we saw sitting on the market in 2008, though inventory growth has moderated lately. YLTNBoomerang attached the following note:
I’ve had some time to update my tracking sheets for townhouses downtown this week and thought you might be interested in the attached graph. Basically, this is a plot of the number of townhouses downtown that are listed on a daily basis – well it started out as a daily basis in 2008 then slowed down to bi-weekly updates in 2010 as I was working out of town and didn’t have time. I’m back to weekly updates now…
July 15th, 2010 at 5:11 pm
@patriotz: "What I’m disputing is the contention that people are short RE (or anything else) simply because they are bears who would be willing to buy at some lower price. "
Go ahead and dispute that. I never claimed that. I very carefully claimed that **if** you were committed, then your exposure was similar to being short.
You are also free to dispute many other claims I have never made. For example, I have never claimed the moon is made of cheese. Nor have I ever claimed that 1+1=3. It is a long list, I'm afraid. You had best get started if you are to be in bed before midnight . . .
July 15th, 2010 at 4:37 pm
Point taken. When I said outperform I was assuming this stuff but I guess it doesn't go without saying. So like: outperform while taking taxes, leverage, risk, fees and any other relevant considerations into account.