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| House sales: It's a buyer's market for greater Vancouver Read more: http://www.theprovince.com/busi | |
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| Topic Started: Oct 4 2012, 01:29 AM (131 Views) | |
| Dana | Oct 4 2012, 01:29 AM Post #1 |
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WWS Hummingbird Guru & Wildlife photographer extrordinaire
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Things are changing. I have read that the condo market in T.O. is collapsing now too as even more are being built. http://www.theprovince.com/business/buyer+market+Greater+Vancouver+according+real+estate+sales+figures/7332688/story.html |
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| Darcie | Oct 4 2012, 01:49 AM Post #2 |
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Skeptic
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The idea of being responsible for a property at this time in my life is not at all appealing. I like the freedom of calling the owner to come and fix it and to be able to go, shut the door, and be gone as long as I want with someone else looking after the joint. |
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| Trotsky | Oct 4 2012, 11:52 PM Post #3 |
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Big City Boy
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WOW, How fast things have turned around. Wasn't it only a year ago that the Vancouver market was hotter than a pizza oven? But then I guess there is one truth about bubbles...they ALWAYS burst. God help the NYC bubble when it goes. This City never paid a price for the near eceonomic collapse becasue money was pumped into the banks and stock market and the major benefactor of this financial aid/stimulus was the financial center of the U.S., New York City. Prices really never even stumbled here while other Cities saw home prices fall by 50%. Edited by Trotsky, Oct 4 2012, 11:58 PM.
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