Well, that was 2012. The real estate market peaked in Vancouver at about the half way point and started heading down.
As we head into 2013 we’ll be watching the market with interest – some of the stats right now are looking as bad as the crash of 2008.
Unlike 2008 we’re now looking at a tighter credit environment and rock bottom interest rates. It will be interesting to see if there are any more rabbits in that hat.
Thanks to everyone who has taken part in the VCI community this year and your patience with our recent down-time. We’ve made a number of changes around here to hopefully avoid a similar occurrence in the future.
We’ve also split off VancouverPeak.com from this site and that forum is now running proper forum software which should work much better than the half-way solution we had running before. Blogs are great, but there is some information which is better served in the discussion forum format.
Things like tracking stats or user generated conversations that can carry on beyond a daily thread are where forums shine, so we invite you to check out the new site at http://vancouverpeak.com
Unlike the previous incarnation registration is open to everyone, but we’ve instituted some automatic user pruning policies that you should know about. Newly registered accounts have 24 hours to activate their membership via the automated email you will receive after registering. Please leave at least one human comment within 2 days of registering or your account will be automatically deleted.
We had some good threads on the old site, and we’re manually going through the database and trying to restore the good ones, but it’s a slow process. If there’s anything specific you would like us to focus on you can leave a request in the comments.
Thats about it for now, hope you had a good 2012 and here’s to a Happy New Year!