Wednesday, September 18, 2013

And then some....

The US Fed blinked. Actually it did't blink, it closed it's eyes and assumed the fetal position.

After talking tough about backing off on buying the US Government debt (the definition of ponzi btw), it stood pat and said.."we will..we will...keep buying! forget what we said earlier this year".

Actually it worked out ok for me, as my poor preferred shares which had been beaten into mush caught a bid.

However it did bring interest rates down a notch now that everyone sees the Fed for the blow-hard-but-do-nothing that it is.

The Canadian bond market which is tied by it's apron strings to the US one also got a bounce and rates dropped.

Now how about September? What are we looking at. Well so far it looks to em like we are going to get some weakness in the HPI and averages for the month.

I see mid range homes (would be super upper end anywhere else) $1.2-$1.6 M selling for a 4-8 % below asking. Of course the asking prices are pretty crazy, made up numbers , but that didn't deter the delusional buyers before.

I have said before that if September didn't show some weakness that I would probably suspend or close this blog but it looks like you may have to put up with me a bit longer. 

23 comments:

  1. 440 new
    237 price change
    257 sold

    7334 detached
    8834 attached

    ReplyDelete
  2. Nice, keep on posting. I'm sure the lack of weakness in the summer months was clearly due to newbie buyers freaking out about rate increases. They will definitely regret that decision to buy in four or five years when rates are double and their homes are worth at least 30% less. I've told my friends for the last couple years tha in many areas of th GVRD will see 40 to 60% drops, but it won't happen overnight. Too many of these young home owners think since a crash didn't happen overnight it won't happen at all. I pity them, its going to be anguishing for them to see their homes drop slowly over the next few years and there won't be anything they can do to stop it. Too bad for them, they have been warned for long enough.

    ReplyDelete
  3. What? Did I hear you say suspend or close this blog.... and miss the coming crash next year. Hope you will stay.

    ReplyDelete
  4. 348 new
    167 price change
    229 sold

    7363 detached
    8842 attached

    ReplyDelete
  5. 322 new
    194 price change
    196 sold

    7374 detached
    8831 attached

    ReplyDelete
  6. A couple of big buys in West Van which will skew things. Both over $7. One HAM and local.

    BTW- I am going to be out of town next week, so no up-dated numbers or commentary.

    ReplyDelete
  7. Cleaning companies can be found in virtually every town and city in the world, with a higher concentration in affluent regions.

    Vancouver office cleaning

    ReplyDelete
  8. I am about to tell you about Burnaby condos for sale? At one stage or another, every man woman or child will be faced with the issue of Burnaby condos for sale. While it is becoming a hot topic for debate, it is important to remember that ‘what goes up must come down.’ Often it is seen as both a help

    ReplyDelete
  9. Thank you for sharing valuable information, this is really good site article. This site is fantastic. Check us out our website where we offers best Indian escort in Dubai & Pakistani Escort in Dubai.

    ReplyDelete
  10. Italian Mixed Asian Samantha is CALL GIRLS IN DUBAI to meet Generous Gentlemen who want and deserve Simply The Best.Grew up in the Heart of Italy... Rome... Well Traveled, with Charming Exotic look, Gorgeous Curvy Body, Combined with Great Personality that makes her irresistible. .

    call and whatsapp number 00971522909500
    http://dubaimodels.co/callgirlsindubai.html
    https://www.scoop.it/t/dubai-escorts-by-anjalimodel9
    https://vk.com/dubaiescorts.verified

    ReplyDelete
  11. Let me undress slowly for you and offer my breasts which you can kiss and suck while I stroke you until you are ready for some fun with my CALL GIRLS IN DUBAI and achieve a climax you never thought possible. I know you want me, so don’t wait another minute; call and book me and take me now.

    call and whatsapp number +971561616995
    http://escort19.com/
    https://www.scoop.it/t/dubai-escorts-by-anjalimodel9
    https://vk.com/dubaiescorts.verified

    ReplyDelete
  12. Hi I'm Andris! hot 21 year old babe. If you are Looking for some nasty fun The best is here. I have sexy curves and a beautiful face. I will be your fantasy, and I look 100% better than my pics and I guarantee you wont be disappointed and you will call back for more. checkout on CALL GIRLS IN DUBAI

    call and whatsapp number +971561616995
    http://www.escortsdubai110.com/callgirlsindubai.html
    https://www.scoop.it/t/dubai-escorts-by-anjalimodel9
    https://vk.com/dubaiescorts.verified

    ReplyDelete
  13. I have a bright personality I am very friendly and I love to have nice experience and unforgettable moments.
    INCALLS and OUTCALLS as well offer class and good service, CALL GIRLS IN DUBAI

    call and whatsapp number +971561616995
    http://dubaiescorts110.com/callgirlsindubai.html
    https://www.scoop.it/t/dubai-escorts-by-anjalimodel9
    https://vk.com/dubaiescorts.verified

    ReplyDelete
  14. I have a bright personality I am very friendly and I love to have nice experience and unforgettable moments.
    INCALLS and OUTCALLS as well offer class and good service, CALL GIRLS IN DUBAI

    call and whatsapp number +971561616995
    http://dubaiescorts110.com/callgirlsindubai.html
    https://www.scoop.it/t/dubai-escorts-by-anjalimodel9
    https://vk.com/dubaiescorts.verified

    ReplyDelete
  15. KATE is my name, 22 years old. If your looking for a quality companion, Am your special diva who truly enjoy what i do, please fill free to check me on CALL GIRLS IN DUBAI.

    call and whatsapp number +971561616995
    http://dubai-peaches.com/callgirlsindubai.html
    https://www.scoop.it/t/dubai-escorts-by-anjalimodel9
    https://vk.com/dubaiescorts.verified

    ReplyDelete
  16. Thanks for sharing this wonderful information.nice post.
    i really like it.
    scammers details

    ReplyDelete
  17. Grateful to know that the information given by you about the particular subject is highly commendable. I can thoroughly examine the details shown by you and take an appropriate action. You seem like an experienced and knowledgeable writer and a vivid reader too.
    Kolkata Escorts
    Kolkata call girls
    Kolkata Escorts Services
    Escorts in Kolkata
    Kolkata Call Girls Services

    ReplyDelete
  18. Thank you for your post. This is excellent information. It is amazing and wonderful to visit your site.
    Best Real Estate Deals in gachibowli
    Residential properties for sale
    premium property in gachibowli

    ReplyDelete
  19. Book Expert Physiotherapy in Karol Bagh – Fast Recovery Starts at Home or Clinic
    Timely intervention can accelerate recovery, and expert physiotherapy Karol Bagh provides fast, focused care wherever you are—at home or in clinic. We believe recovery should be accessible and tailored to individual needs.

    Our simple booking system allows you to quickly access expert physiotherapy treatment at home in Karol Bagh Delhi, where our certified experts bring equipment and hands-on therapy to your doorstep.

    We’re proud to offer services led by top physiotherapists for joint pain in Karol Bagh, who create structured plans for injury recovery, arthritis, muscular imbalance, and more.

    Whether you’re an athlete or an office worker, our comprehensive physiotherapy services Karol Bagh include posture correction, strengthening routines, and mobility drills.


    for mre details visit https://arunalaya.com/arunalaya-healthcare-physiotherapists-in-karol-bagh


    Each physiotherapist in Karol Bagh focuses on client education and sustainable recovery. Regular progress evaluations and feedback ensure maximum improvement.

    Prefer not to travel? Our home physiotherapy Karol Bagh programs save time while maintaining professional quality. But for those who like a more clinical setup, our best physiotherapy clinic in Karol Bagh is fully equipped and centrally located.

    Achieve results faster and more safely with our proven physiotherapy treatment Karol Bagh plans. Book your session today and experience the excellence of expert physiotherapy Karol Bagh.

    ReplyDelete
  20. Top Pain Management Physiotherapy India – Personalized Plans That Work
    One-size-fits-all doesn’t work when it comes to pain relief. At our facility, we believe that top pain management physiotherapy India should be tailored for maximum effectiveness. Every patient has a unique journey, and our role is to craft personalized therapy that brings results.

    Whether you’re recovering from an injury, surgery, or battling a chronic issue, pain management physiotherapy India provides the foundation for healing. From dry needling to posture correction and muscle strengthening, every technique we use is grounded in evidence and expertise.

    We are proud to deliver non-surgical pain relief therapy India for conditions such as frozen shoulder, chronic lower back pain, or tendonitis. These therapies are non-invasive, drug-free, and safe for all ages.

    Our clinic also offers chronic pain treatment physiotherapy India, with consistent monitoring and adjustments to your plan as you progress. This ensures measurable outcomes and sustained pain relief.

    If you’ve been searching for an advanced pain management center near me India, look no further. Start your journey with the best—pain management physiotherapy India that is as unique as you are.

    ReplyDelete