Here is the graph from the VREB.
A $50K drop Average drop in SFH prices month on Month!
That's huge : -8%! in one month.
Flat year on year and Townhouses are down Year on Year by about -7%. Condos are down marginally YOY.
The housing bear has landed in Victoria. Here is the VREB press release which is refreshingly honest.
And 9.5 MOI too
ReplyDeleteNot convincing. However, dig into the historical stats and look at sales numbers and median prices. No crash, but it is looking a little sick.
ReplyDeletehttp://www.vreb.org/pdf/historical_statistics/MSS0607.pdf
http://www.vreb.org/pdf/historical_statistics/MSS0707.pdf
http://www.vreb.org/pdf/historical_statistics/MSS0807.pdf
http://www.vreb.org/pdf/historical_statistics/MSS0907.pdf
http://www.vreb.org/pdf/historical_statistics/MSS1007.pdf
http://vreb.org/pdf/vrebmss.pdf
mersin
ReplyDeleteadana
aksaray
ankara
antalya
WBYWW5