It’s that time of the week again!  Friday is when we do our regular end of the week news roundup and open topic discussion thread for the weekend.  Here are a few links to kick off the chat:

–Vancouver market in full retreat
–Championship of lost sales
–REBGV news release for July 2012
–GVREB news release for July 2012
–How much $ has left the economy?
–New site forces realtors to compete
–‘Think Housing’ contest winners
–Renovation Boom
–BCSC alleges million $ fraud
–No new steps to cool market
–New framework for credit unions
–Global slowdown dashes hopes
–Unsold Toronto condos growing

And here’s a couple of charts, the first one is from VMD and shows what the average Vancouver house price has done in the last two years:

This second chart is from Ben Rabidoux and was linked by Jesse – you can draw on your own red line for July:

So what are you seeing out there?  Post your news links, thoughts and anecdotes here and have an excellent weekend!