Quote:
Originally Posted by cmyden
The sales drop for Vancouver seems slight, but hasn't the inventory growth been a bit more dramatic?
I have to say I don't follow Vancouver as closely, but it seems like this guy keeps some pretty decent stats:
http://agentwill.com/weekly-stats/
So far 2010 is actually exceeding 2008's pace for inventory.
Did Vancouver experience a similar large rise in 2008 inventory and subsequent dramatic price drop in '08 like we did here in Calgary before the emergency interest rates stopped the bleeding?
Bit I guess that's assuming the inventory growth peaks out late in the year like it did in '08. |
Why such a difference between the end of a year and the start of the next? Numbers are different from 12-08 to 01-09 and 12-09 to 01-10.