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Amanda Li
Guest
Amanda Li

You forgot
VancouverCondo.info platform.
-Destroy the thriving Real Estate Market.
-Censor any opinions or opposing ideas.

Ashamed Realtor
Guest
Ashamed Realtor

@ #1 Amanda Li
You forgot
-Criminalise Realtor Commissions except for PaulB

Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

maybe the NDP will cause the crash, what do you think guys??? there must be some straw we can grasp on too! it just has to crash, please something, anything cause the crash!

Anonymous2
Guest
Anonymous2

Yeah, it’s interesting how nobody is talking about high RE prices.

Aleksey
Guest
Aleksey

It seems like realtors have a lot of free time these days.
They are visiting this website more often than bears.
IMHO it’s a good sign for us, bears.

Yellow Helicopter
Guest
Yellow Helicopter

Classic post Patriotz. You summed up our parties’ platforms perfectly. Talk about choosing the lesser of evils in the upcoming election!

Makaya
Member
Makaya

Troll Index turning red hot again…

@Amanda:
“-Destroy the thriving Real Estate Market.”

Please refer to the ERRONEOUS CAUSATION THEORIES FOR FALLING PRICES.

crabman
Guest

The issue of over-priced housing didn’t come up once in the debate. Of course, they did talk about the more important issue of running red lights at 5AM.

KC
Guest
KC

Apparently, stopping at a red light on an empty road at 5:00am and not waiting for it to turn green is a much more important indicator of moral terpitude than obstructing police investigations into NDP corruption, forging documents or stealing service from Skytrain. Go figure!

KC
Guest
KC

Ooops, that should have been “turpitude”.

I hate the NDP & their taxes!
Guest
I hate the NDP & their taxes!
Vancouver home resales down 6.1 per cent April from year ago TARA PERKINS 12:43 EST Thursday, May 02, 2013 Sales of existing homes in Greater Vancouver fell 6.1 per cent in April compared to a year ago, but were up 11.9 per cent from March’s level, the Real Estate Board of Greater Vancouver said Thursday. The number of homes that changed hands over the Multiple Listing Service this April was the lowest in the region since 2001. “While the number of home sales remains below average, properties that are priced right are selling and we’re seeing greater balance between buyer demand and the number of homes listed for sale,” Sandra Wyant, president of the local real estate board, said in a press release. “This is having a steadying influence on home prices in the region.” The MLS Home Price Index… Read more »
Groundhog
Guest
Groundhog
N
Guest
N
Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

HPI is up again. bears, how long will it take before you realize this is the new normal.

Anonymous
Guest
Anonymous

@BBB

Isn’t HPI going up in the spring normal? It’s not new.

Anonymous
Guest
Anonymous

You forgot to mention that HPI is down 3.9% YOY. Is there a reason for that?

Not much of a name...
Member
Not much of a name...

@BBB

Looking at the YOY declines on a monthly basis going back to April of last year doesn’t paint a rosy picture. See if you can spot the trend.

Apr 2012 – +3.7%
May 2012 – +3.3%
Jun 2012 – +1.7%
Jul 2012 – +0.6%
Aug 2012 – -0.5%
Sep 2012 – -0.8%
Oct 2012 – -0.8%
Nov 2012 – -1.7%
Dec 2012 – -2.3%
Jan 2013 – -2.8%
Feb 2012 – -3.1%
Mar 2013 – -3.9%
Apr 2013 – -3.9%

Not much of a name...
Member
Not much of a name...

Should have read YOY comparisons (not declines)

RFM
Guest
RFM

The Vancouver Realtor Hunger Index for April 2013 was 60.

Details and comparison data for the last 12 years at: http://vancouverpeak.com/Thread-Vancouver-Realtor-Hunger-Index

Billy Bob
Guest
Billy Bob

Where are we from the peak and when was that?

Billy Bob
Guest
Billy Bob

Nothing better than a hungry realtor!

frank
Guest
frank

Fish broke down the latest numbers.

http://fishyre.blogspot.ca/2013/05/rebgv-stats-april-highlights-eye-opening.html

I think the bulls will be disappointed.

Bull! Bull! Bull!
Guest
Bull! Bull! Bull!

@Not much of a name…

“doesn’t paint a rosy picture”

it also doesn’t paint a picture of doom and gloom. face reality, this is the new normal. you’re priced out forever.

EVERYONE TOLD YOU TO BUY AND NOW IT’S TOO LATE.

be happy renting cause you’ll never own unless you want to commute from langley ( or Port Moody if you are a poor but snobby white person ).

YOU SAY YOU ARE HAPPY RENTING, BUT IF THAT WAS REALLY TRUE WHY ARE YOU OBSESSED WITH PRICES?

i know the truth, you all wish you were owners. you had your chance. optimistic people got in, grumpasauruses missed the boat.

I hate the NDP & their taxes!
Guest
I hate the NDP & their taxes!

BBB – Why is it too late to buy? Is there a shortage of inventory?

Prices are going down monthly.

I hate the NDP & their taxes!
Guest
I hate the NDP & their taxes!
ANALYSIS-Canadian housing: bursting bubble or gentle landing? 2:11 PM Eastern Daylight Time May 02, 2013 By Andrea Hopkins TORONTO, May 2 (Reuters) – It’s looking like an unsettling spring in Canadian housing, a market that has proven far more even-keeled and less scary for investors in recent years than in the United States. In what is traditionally the best season of the year for real estate agents, Toronto agent Ecko Jay says the industry is seeing far fewer buyers, a result of tighter lending rules, high prices and fear of a bubble. In Toronto alone, sales dropped 40 percent in the first quarter from a year earlier, making homeowners and investors jumpy. “Some people want to cash in and pull out now,” said Jay, a 26-year veteran of the Toronto housing market, noting some are spooked by worst-case predictions of… Read more »
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