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Posted February 19th, 2013 in Real Estate, Statistics | 
Market Report
Mr. Cameron Muir the chief economist at the British Columbia Real Estate Association delivers his BC market update for February.
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*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.
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Larry Yatkowsky
Amex Broadway West Realty Inc.
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Hi Larry,
Any coffee talk updates (are appreciated).
Hope your doing well.
sm
Hi Larry,
Are we seeing any signs of pick up over the chinese new year?
thanks.
@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.
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
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.