Saturday, February 9, 2008

Bold Advertising

I thought today's Tuscany Village ad in the TC was quite bold, considering that RE in Victoria always only goes up. I wonder how choked other developer's are with this ad. Those poor folks who bought years ago for list price - they must be kicking themselves. If you are one of them, don't worry, there will be others in your shoes in the future!

Housing inventory continues to climb. There are 122 more properties for sale since my last posting on January 27. That includes 56 more condos, 57 more SFH, 2 more townhomes. The last 7 must be lots, or trailers, or some other category. Looking at the SFH graph, it's easy to see that inventory is rising faster this year than last.