Friday, May 11, 2012

The Countdown to 20,000... what's your prediction? - Day 3



When it comes to Real Estate on the Wet Coast right now, the story is all about the burgeoning inventory.

While total inventory has been higher before, never has it been this high this early in the year. More interestingly, there has not been one single day this year where the total number of sales has been higher than the total number of new listings.

However... until prices start to fall noticeably, it isn't a crash or even a severe 'correction'. 

But one thing is for certain - it IS damn interesting.

Thursday we cracked the 18,000 mark and we head into the weekend sitting at 18,176.  All indications are that the Vancouver market is moving resolutely to the psychologically significant 20,000 mark.

So let's have some fun with it.

Each night we post the days total inventory increase/decrease as well as the total market inventory figures. On which night, exactly, will we crack the 20,000 mark?

Between now and Sunday chime in with your prediction in the comments section.

If you don't have a blogger ID and you normally post anonymously, add a pen name with your prediction so we can keep track of who is predicting what.

There's no prize, but let's see who can pick the day closest to the actual day inventory cracks the 20,000 mark (remember... there are not updates on Saturday or Sunday nights)

Below are guesses submitted so far.  Pick the same date as others or choose one that isn't selected. What night will we crack 20,000?

______________________

May 28
Farmer

May 29
RumbleGuts

May 30
Jen

June 1
Sockeye
BoneShaft

June 2
Terminal City Girl

June 3
Nick-Vancouver

June 4
Robert (Maple Ridge)
Ash

June 5
Michael J - Vancouver

June 6
V

June 8
Alpha_Bear

June 12th
Peter

June 15
another value investor

June 20
MolestoTheClown

June 21
Summer Solstice! (buffates)

June 29
anobserver

July 1
Steve

July 11
GG

July 17
A Political Junkie

July 25
Alexander

20,000 won't be achieved
kman

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6 comments:

  1. Okay move me to June 11, didn't realize no stats on Sat or Sun and I want my own day ;-)TCG

    ReplyDelete
  2. june 18
    by grrrr

    ReplyDelete
  3. July 7th. Josh

    ReplyDelete