It’s that time again! Time for our regular end of the week news round up and open topic economic discussion thread. Here are a few recent stories to kick off the chat:
–Does ultra-pricey Vancouver have a housing bubble?
–October new unit sales shaping up to be lowest ever
-$1 million house in Seattle vs $1 million in Vancouver
–Economist survey: Canadian real estate overvalued.
–Rennie: “We are a pre-sale city”
–Premiers TV address cost BC $240,000
–The long shadow over Canada’s housing market
–US foreclosure mess will last for years.
–In Spain your house gets foreclosed, but you still have to pay
–Dubai makes Vancouver Olympic Village look like a success
So what are you seeing out there? Is it feeling like a good time to buy now that prices are down a few percentage points from their all time highs? Post your news links, thoughts and anecdotes here and have an excellent weekend!