Lots of discussion and comments over the past week - good time to have a create a new post.
Front page of the Financial Post website right now has the following four articles.
- Canadian Housing in "Sustained downturn"
- Construction plans plunge, StatsCan reports
- House sales slip, prices stable
- Housing slump hits home
Also, from the Globe and Mail - Victoria's market is 30 to 35% overvalued.
Wow, everyone is so negative all of a sudden. Go figure! Have they been reading those bear blogs???