Quote:
Originally Posted by Tron_fdc
Fair enough, but they are using some stats to back it up. How reliable they are is probably debatable, but from what I'm seeing around the city it seems like prices have crept up a little.
All I need now is someone to overpay for my house in Bridlewood, allowing me to lowball a cabin owner in Kelowna.....it's all about timing baby  |
Over the past year housing prices are down a considerable amount. They always, ALWAYS increase in spring and summer. So saying that housing prices have crept up a little is very common at this point in the year.
The real test is the fall/winter. If they don't go down much during that time frame then it's likely that housing prices will remain stable or increase. I'm not putting my money on that however. Will be interesting to see what happens between now and December.