Quote:
Originally Posted by AFireInside
I've seen a lot of different stats. While I'm not really interested in revealing all the details of my life on a message board, (if I wanted to I'd login under my real name and have a facebook page  ) I deal with housing sales/prices etc everyday at work.
I was actually just on a realtor's page (Jim Sparrow I think) and I believe he had stated that prices are down 7-9% over last year. But I guess it depends where you go for info and exactly what time frame you are dealing with. I've seen info that says a 3% reduction. If you go to Bob Truman's page (he is a realtor) up to date it looks like a 3% reduction over last year. But if you go back a few months (april) it looks like the market is down about 10% over the previous year. What I see daily looks higher than 3%, but I'm not interested in getting into a an argument/discussion about stats. |
Not trying to argue with you, just wanted to see where you were getting your stats. If you're going to make strong statements like "Over the past year housing prices are down a considerable amount", you should be able to show evidence.
Every Calgary realtor should get a monthly report from CREB which very simply shows the year to year increase or decrease in avg prices.
It's really not even a matter of argument/discussion, just factual stats.
A quick search through CREA shows this:
"The average price of a single family Calgary metro home in August 2009 was $454,130, showing an increase of four per cent from July 2009, when the average price was $436,782, and showing an increase of three per cent from August 2008"
So not only are prices not down a considerable amount, it doesn't even seem like they are even down at all.
But then again, I'm in real estate sales so I'm probably a liar making up numbers
edit: just wanted to add this part from the CREA stats
"The average price of a single family Calgary metro home in August 2009 without the $10.3 million-sale would be $446,413—coming in just above the average price one year ago."
Still up, or atleast even