Quote:
Originally Posted by Mike Oxlong
Unfortunately I have a feeling these changes are going to create a similar situation that we had last year where the first quarter of the year was really busy with activity as everyone tries to make their purchases before these changes go into effect. Which is going to mean a slower last half of the year again.
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Considering the 2010 year overall was the worst for sales in 10-15 years, I'd suggest that the slower last half of the year wasn't just due to reducing mortgages from 40 to 35 years or the fear mongering over the HST.
But you're probably right in that it should push up sales in the next two months for sure. The sales numbers better way higher than last year or I'd imagine 2011 overall would be similiar to (or could be worse than) 2010.