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Radley77 · 01-11-2008, 01:03 PM

There has been a steep drop off in sales this year. There have only been 752 SFH sales in the past 30 days. This is the lowest sales volume since?

http://www.bobtruman.com/SFH_Monthly...e_1869385.html

In addition the sales/new listings ratio is at 20% the lowest since?

According to this calculator the buy vs. rent does not pay off even after 30 years:

http://www.ic.gc.ca/epic/site/oca-bc.../ca01821e.html

In addition, rental yields are below 4%, which is lower than long term bonds (or even some high yield interest savings accounts) which are 100% safe.

01-11-2008, 01:03 PM	#15
Radley77 Draft Pick Join Date: Sep 2007	There has been a steep drop off in sales this year. There have only been 752 SFH sales in the past 30 days. This is the lowest sales volume since? http://www.bobtruman.com/SFH_Monthly...e_1869385.html In addition the sales/new listings ratio is at 20% the lowest since? According to this calculator the buy vs. rent does not pay off even after 30 years: http://www.ic.gc.ca/epic/site/oca-bc.../ca01821e.html In addition, rental yields are below 4%, which is lower than long term bonds (or even some high yield interest savings accounts) which are 100% safe.