tag:blogger.com,1999:blog-5936637281134795592.post5865760855804457177..comments2024-03-08T08:55:52.985-08:00Comments on Whispers from the Edge of the Rainforest: Royal Bank says our real estate market is "vulnerable to a marked correction"Unknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5936637281134795592.post-65793117450643030932012-08-22T18:25:21.435-07:002012-08-22T18:25:21.435-07:00I saw Boob Rennie at the Olympic Village pub again...I saw Boob Rennie at the Olympic Village pub again today. Maybe he thinks if he hangs around there they will sell more Condos.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-60671511746851103162012-08-22T12:10:03.196-07:002012-08-22T12:10:03.196-07:00Three days in a row, I saw front page stories on M...Three days in a row, I saw front page stories on MarketWatch.com highlighting Canadian and Vancouver RE distress and bad times to come. Looks like the US media is even getting into the act.<br />CanAmericanhttps://www.blogger.com/profile/13498944583802865163noreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-42301147764829024062012-08-22T07:48:20.797-07:002012-08-22T07:48:20.797-07:00After a handful of isolated Zillion dollar sales t...After a handful of isolated Zillion dollar sales this month it appears the average price could climb again in August. On the heels of the RE industry pretty much blasting "average price" after months of declines for being a totally unreliable measure of the market, it will be interesting to see if they spin this spike in the average as being a sign of resurgence - and even more interesting to see how the smoke and mirrors Home Price Index is impacted.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5936637281134795592.post-23017178412429662252012-08-22T00:17:22.603-07:002012-08-22T00:17:22.603-07:00Well the "good" news is that a 33% overv...Well the "good" news is that a 33% overvaluation only requires a 25% fall to revert to the mean. A big relief for investors who don't do math or know anything in the first place.rp1noreply@blogger.com