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Noise and Consensus

In this city we suffer from those who choose to make noise. I can't figure out whether they didn't get enough milk with their Corn Flakes or they are simply having a bad hair day.

In the last post a couple of comments flew in about how the Vancouver Real Estate Board stats seem to be something less or more than what they are.

Personally, I find conspiracy theories raise their head because someone doesn't understand or have the knowledge of how things come to be. Then they pull out the crusader's sword demanding raw data so that you can make their own stats. That action I believe, will do nothing more than dilute source statistics thereby adding confusion to something that already seems confusing. It's an action I equate to locking five economists in a room and demand that they reach consensus. Continue Reading...

April Showers

Someone once said that April Showers will bring May's flowers. That must have been a long time ago and was before global warming, low interest rates and stratospheric Vancouver home prices.

Someone also said that 'Stats Don't Lie' and according to the Real Estate Board of Greater Vancouver our market has maintained a consistent pace with balanced conditions. With that feel good statement let's cast aside negative thoughts as we ready ourselves for May's bloom. In the interim lets have a look to see what a consistent balanced condition looks like in numbers. Continue Reading...