Canada GDP Declines 0.3%: Largest Drop in Two Years
Mish’s foreword to a piece at Bloomberg -
http://globaleconomicanalysis.blogspot.com/2011/07/canada-gdp-declines-3-largest-drop-in.html
This post was submitted by Mansur al-Hallaj.
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Market Toppy? Top? Topped? – “The listing price is now $3 million and they have not had a single offer.” | Vancouver Real Estate Anecdote Archive Says:
August 2nd, 2011 at 5:35 am
[...] I never saw them above 140.” [More building since then but, still, 200 seems a lot. -ed.] – painted turtle at vancouvercondo.info 1 Aug 2011 5:20pm — “This morning I woke up before my alarm in a bit of a panic attack. After having my [...]
August 1st, 2011 at 4:45 pm
@pipewrench:
http://www.youtube.com/watch?source=patrick.net&a…
link
August 1st, 2011 at 4:44 pm
<a>funny
just had to laugh and pass this on. real-estate will in a massive decline by x-mas!
August 1st, 2011 at 4:00 pm
@McLovin: As much as I hope you're correct, one data point does not a trend make. Time travel me to October and connect a few more points in the same direction and I'll believe it.
August 1st, 2011 at 3:08 pm
Inventory should crack 17000 this month, and I suspect we'll see 22,000 plus this fall, it's going to be a heck of a ride…down.
August 1st, 2011 at 2:59 pm
McLosin, Romeo Jordan told you this would happen – I do hope that you followed his/her counsel.
My gosh, you are one dumb cookie.
August 1st, 2011 at 2:39 pm
"Vancouver’s average detached price landed another decline in July at $1,133,357, down from the previous all time high in May of $1,223,421"
What happened? Has the HAM money flowing into Vancouver's high end real estate slowing down?
August 1st, 2011 at 1:36 pm
From Larry's site. The top is in!
Detached
Vancouver’s average detached price landed another decline in July at $1,133,357, down from the previous all time high in May of $1,223,421.
(Say it quick that's nearly $100K or nearing double digits in two months!)
Attached
Attached average prices in July did a back flip from June’s $554,763 with a solid landing in July at $569,042.
Apartment
Apartment’s average price flip was not as dramatic but it settled on the beam up from June’s $445,981 to July’s $450,527.