MOI
Price change MOM, YOY - average or median or Benchmark for the 3 categories.
Here's mine:
MOI 6.5
MOM price change -1-2% in most of the categories (attached is always an odd one)
YOY- I think we will still be up 4-5% YOY after October's disappointing rebound.
For now the HAM frenzy seems to have moved to the North Shore..
I've stopped tracking the MOM numbers, as I foresee no slow down in our intake of international immigrants in the next 3 years ahead. Federal numbers/stats may have fooled most that they are sliding down. Ah, never mind!. What others do not know won't hurt them more than it has in the last decade.
ReplyDeleteThis can only be good news for HAM and buyers with offshore incomes.
ReplyDelete"The Bank of Canada may have to slash interest rates if the country's rapidly waning economic outlook deteriorates further, the Organization for Economic Cooperation and Development warned in a report Monday."
http://www.montrealgazette.com/business/Canadian+economic+outlooks+worsens+OECD+report/5777210/story.html
Word on the street is that HAM have been buying the big view homes in West Van, even in crap condition, and then demanding high rents. The 'agents' are wondering why no one will rent a nice view home with stained carpets and 1980's decor for $5000!
ReplyDeleteAhhhh .... ! $5K eh?
ReplyDeletewestvan at hotmail.com
http://www.flickr.com/photos/68117332%40N03/
WTF, pull down those power lines for the love of God.
ReplyDeleteHuge HAM frenzy in West Van tonight. We are screwed till they crash.
ReplyDelete