It’s Friday and that means it’s time for our regular end of the week news round up and open topic economic discussion thread! Let’s hop to it with a few recent stories to kick of the chat:
–Developers push wave of presales into slowing market
-Fairmont Residences price chops 40% – Rennie slashes again.
–10 worst first time homebuyer mistakes
–Central Bank lowers forecast, raises interest rates
–BOC rate increase to have little effect on real estate
–Once again the Irish are leaving home
–Boston luxury condos at big discount
–UK house prices to drop 20% by 2012?
–14 charts for the Chinese housing bubble
–US Home sales drop 5.1% in June
So what are you seeing out there? Post your news links, thoughts and anecdotes here and have an excellent weekend!