SFH Average Greater Victoria
Nov 2009 = $617,987
Nov 2010 = $636,557
Nov 2011 = $592,034
Median 2009 = $555K
Median 2010 = $530K
Median 2011 = $530K
This is news IMVHO. Big drops in SFH Median and Average prices over the last two years according to the VREB stats.
So how did they deal with it their news release?
Add in some inflation adjustment and one opine median prices have dropped 8%; next year doesn't look any more promising.
ReplyDeleteholy crap, it's happening. it's really happening now!
ReplyDeleteI wonder when the MSM will pick up on this?
ReplyDeleteIt is not happening, this is just a blip.
ReplyDeletemaybe it is happening, maybe it in't. one think fellow bears MUST have learned by now is to stop reading too much into small drops like this. This could just as easily go nowhere significant.
ReplyDelete