Sales Explode

[VancouverGoinUp]

Shiller very quiet these days - This misinformed individual stated "Vancouver is the bubbliest City in the World". Shiller = Bernake = Bush

The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June.The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties increased 75.6 per cent in June 2009 to 4,259, from the 2,425 sales recorded in June 2008. The figure is just short of the record-breaking 4,333 sales which occurred in June 2005

[jtabeb]

Re: Sales Explode

Shiller very quiet these days - This misinformed individual stated "Vancouver is the bubbliest City in the World". Shiller = Bernake = Bush

The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June.The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties increased 75.6 per cent in June 2009 to 4,259, from the 2,425 sales recorded in June 2008. The figure is just short of the record-breaking 4,333 sales which occurred in June 2005

You d'a man, err I mean Hobbit. "Golum, Cough Golum".

Wonder what the prices were like eh Golum?:eek:;)

[c1ue]

Re: Sales Explode

via www.chpc.biz

*SFD Prices	Vancouver	Calgary	Edmonton	Toronto	Ottawa	Montreal
Prices at Peak	$771,321	$505,920	$426,028	$398,687	$312,045	$238,000
Peak Price Date	Apr-2008	Jul-2007	May-2007	Apr-2008	May-2009	May-2009
Prices Now	$680,320	$436,427	$367,672	$395,609	$312,045	$238,500
Prices Now Date	May-2009	May-2009	May-2009	May-2009	May-2009	May-2009
Months since Peak	13	22	24	13	0	0
$ Plunge from Peak	-$91,001	-$69,493	-$58,356	-$3,078	$0	$0
$ Plunge per Year	-$83,875	-$37,857	-$29,137	-$2,837	$0	$0
% Plunge from Peak	-11.8%	-13.7%	-13.7%	-0.8%	0.0%	0.0%
% Plunge per Year	-10.9%	-7.5%	-6.8%	-0.7%	0.0%	0.0%
Deflation per Month	$6,990	$3,155	$2,428	$236	$0	$0
**Price Support Target	$491,821	$265,173	$204,886	$334,272	$240,533	$209,216
Months Until Target	27	54	67	259	?	?
Price Support Date	Aug-2011	Dec-2013	Dec-2014	Jan-2031	?	?

Maybe time for a name change? :eek:

[doom&gloom]

Re: Sales Explode

Shiller very quiet these days - This misinformed individual stated "Vancouver is the bubbliest City in the World". Shiller = Bernake = Bush

The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June.The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties increased 75.6 per cent in June 2009 to 4,259, from the 2,425 sales recorded in June 2008. The figure is just short of the record-breaking 4,333 sales which occurred in June 2005