Thursday, December 14, 2006

The Confusion - Why can't the media decide?

Is Housing slowing or is it gaining?? It seems to be a mixed bag ou there concerning Canadian Real Estate. Even once you get into the article the message is not clear. There seems to be a lot of speculation out there on what's going on.

I guess we will be seeing a lot of this in the media until it is quite evident on which way the market is going.

  1. Canada's housing market remains strong as 2006 closes, house ...
  2. Average resale home price drops $3,500 in November
  3. Real estate market has cooled, but still healthy, realtors told

1 comment:

Anonymous said...

The word healthy keeps coming up in these articles.

Question, assuming the prices continue to increase at moderate rates and sales remain high, who the $#%& is this actually healthy for?

Banks, RE industry and Homeowners (sort of). Unaffordable accomodation is not something I consider "HEALTHY"

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