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House prices drop below 2007 levels
aggregated from: Vancouver Condo Info
exx just posted this link, looks like its worth its own post. The Vancouver sun is reporting that the house price drop in September was big enough to bring us below 2007 levels in most markets across the Lower Mainland. Prices in Greater Vancouver have dropped 5.8% since May and are now 1.6% lower than September 2007.The year-over-year price changes vary by market from up 3.6 per cent in Richmond where the benchmark was $$754,481 to down 20.4 per cent in Port Moody where the benchmark was $619,891 in September.Total sales of all property types recorded through the Multiple Listing Service ...
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aggregated: 6 weeks 5 days ago | topics: condo, house-prices, housing, new-listings, port-moody
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Lower mainland home prices drop below 2007 levels
aggregated from: Vancouver Condo Info
exx just posted this link, looks like its worth its own post. The Vancouver sun is reporting that the house price drop in September was big enough to bring us below 2007 levels in most markets across the Lower Mainland. Prices in Greater Vancouve...

49 views | aggregated: 6 weeks 5 days ago
topics: condo, housing, new-listings, port-moody, richmond
Merrill Lynch sees meltdown for Canadian housing market
aggregated from: Chinese in Vancouver
Canada could be headed for mortgage meltdown, says Merrill Lynch CanadaCP - Contrary to the prevailing view that Canada's housing and mortgage markets are more stable than their U.S. counterparts, Merrill Lynch is warning that this country could face...

32 views | aggregated: 7 weeks 6 days ago
topics: economy, port-moody
Merrill Lynch warns of Canadian housing crash
aggregated from: Vancouver Condo Info
Realbiz pointed out this story in the Globe and Mail this morning: A recent report from Merrill Lynch Canada is warning of a Canadian housing market crash and mortgage meltdown similar to the one currently eating away at the US economy:Canadian house...

86 views | aggregated: 7 weeks 6 days ago
topics: condo, house-prices, housing, housing-market

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