The market is slow but not weak yet. There are still folks running to buy.
Larry Yatter has shown that some market have started dropping.
However nothing much will happen until all assets start to drop..Gold, Stocks and RE. What will be the catalyst? Higher interest rates or a Dubai-like black swan event.
I am heading into hibernation and probably wont put up a post until something changes, which may not be until the New Year.
Nov 25 Market Update - MLS numbers update courtesy of the VREB via Marko Juras. These numbers are for the Victoria Real Estate Board's reporting area, including Sooke, Shawnigan ...
15 hours ago