Quote:
Originally Posted by Red
Just heard on qr77 news. CREB predicts sales to slow down 4% and prices to have only 1.5% gains this year.
That's based on their predictions that oil will bounce back by mid year.
Yup, they are experts on commodities now too.
|
They are salesmen. Couldn't say "Housing prices predicted to drop 20%" as that would stop prespective buyers for going out and buying a house now so they found a nice caveat that those predictions are based on "oil bouncing back mid-year" which is a complete guess.