Cam TV

Market Report

Mr. Cameron Muir the chief economist at the British Columbia Real Estate Association delivers his BC market update for February.

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

When Life Moves You - contact Larry:

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.

Reader Comments:

Smoking Man Says:
February 21st, 2013 at 9:33 pm

Hi Larry,

Any coffee talk updates (are appreciated).

Hope your doing well.

sm

Smoking Man Says:
February 24th, 2013 at 7:56 pm

Hi Larry,

Are we seeing any signs of pick up over the chinese new year?

thanks.

February 25th, 2013 at 10:51 am

@smoking man

re: coffee talks – most conversations are about ‘haircuts’ some sellers are getting on their asking price – particularly in upper end values. This will make the next round of ‘evaluations’ (based on actual sale prices) trend down. As usual any property ‘sharply’ priced moves off the shelf but overall sale volumes are setting new lows.

Re: the new year. The answer might lie in the Mac Marketing attempt to tell you it is more than it appears.
I’ve seen some interest but I am not able to say at this point if sales will be reflect that minimal interest.

Smoking Man Says:
February 25th, 2013 at 8:09 pm

Thanks Larry.

That’s a sober assessment, and is appreciated.

I think you are on the mark, it does appear that perception and reality are a wide gulf apart.

Will be interesting to see what unfolds from here.

Thanks again.

SM

February 27th, 2013 at 12:01 pm

If you ever get a chance to see Cameron Muir speak at a real estate conference make sure you take it. He definitely goes much more in depth than what he does in his podcasts or news letters.

Comment On This Post

will not be published
http://www.yourwebsite.com