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Krammer
Real Estate Talker
Topic Author
Posts: 19
Joined: Fri Nov 27, 2015 3:41 pm

Demand For office, Retail,& Land reaches 5 Year High

Mon Sep 19, 2016 11:52 am

Visit www.relocationbc.com
Click Statistics page

Regards

B. Vattoy
www.relocationbc.com
 
Geyser
Real Estate Talker
Posts: 3526
Joined: Tue Jun 05, 2012 5:26 pm
Location: In a van down by the river

Re: Demand For office, Retail,& Land reaches 5 Year High

Mon Sep 19, 2016 2:49 pm

Meanwhile, in the real world:

Metro Vancouver home sales dropped 75% after foreign buyer tax announced:

http://globalnews.ca/news/2861138/metro-vancouver-home-sales-dropped-by-75-after-foreign-buyer-tax-announcement-realtor/
 
tdma800
Real Estate Talker
Posts: 2178
Joined: Wed Jan 23, 2008 9:12 am

Re: Demand For office, Retail,& Land reaches 5 Year High

Mon Sep 19, 2016 4:46 pm

Krammer wrote:
Visit www.relocationbc.com
Click Statistics page

Regards

B. Vattoy
www.relocationbc.com

Its pretty obvious you have the information, and others who are not in the field have to think about the media and others, what is  normally a slow month
 
Geyser
Real Estate Talker
Posts: 3526
Joined: Tue Jun 05, 2012 5:26 pm
Location: In a van down by the river

Re: Demand For office, Retail,& Land reaches 5 Year High

Tue Sep 20, 2016 9:16 am

tdma800 wrote:
Krammer wrote:
Visit www.relocationbc.com
Click Statistics page

Regards

B. Vattoy
www.relocationbc.com

Its pretty obvious you have the information, and others who are not in the field have to think about the media and others, what is  normally a slow month.

The information I have has been provided by the REBGV,  Zolo.ca and other real estate industry insiders. It makes little sense to rely on the pronouncements on the local media because, until the collapse in prices becomes more widely known, the media will continue to parrot the often misleading "news" which they get from the heavily biased spin-masters inside the industry. 

Fortunately, there are a number of other insiders who are willing to present alternative numbers which show a less rosey picture. I think this speaks well of their integrity. Their charts, which I have previously posted, show home sales and prices tumbling since the February peak. In a few months, the Benchmark Price charts will slowly start to show the decline but, due to the backward smoothing and averaging it will initially "appear" as a less dramatic fall.
 
tdma800
Real Estate Talker
Posts: 2178
Joined: Wed Jan 23, 2008 9:12 am

Re: Demand For office, Retail,& Land reaches 5 Year High

Tue Sep 20, 2016 9:21 am

Krammer wrote:
Visit www.relocationbc.com
Click Statistics page

Regards

B. Vattoy
www.relocationbc.com

Its quite clear it is privilieged information that requires 'good reputation' and other things to access instead of random media
 
Geyser
Real Estate Talker
Posts: 3526
Joined: Tue Jun 05, 2012 5:26 pm
Location: In a van down by the river

Re: Demand For office, Retail,& Land reaches 5 Year High

Tue Sep 20, 2016 9:46 am

tdma800 wrote:
Krammer wrote:
Visit www.relocationbc.com
Click Statistics page

Regards

B. Vattoy
www.relocationbc.com

Its quite clear it is privilieged information that requires 'good reputation' and other things to access instead of random media

All realtors have access to that information, so you apparently believe that all realtors have a good reputation?
Thanks you for demonstrating your level of knowledge of recent local news and the real estate market. :lol:

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