tag:blogger.com,1999:blog-31427364.post4591375961760030676..comments2024-03-26T03:52:23.395-07:00Comments on Housing Analysis: Chart Extravaganza!!mohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-31427364.post-64798863227849667032009-08-17T09:40:48.505-07:002009-08-17T09:40:48.505-07:00My bold prediction - next year after the olympics ...My bold prediction - next year after the olympics we'll see a tremendous rise in inventory. <br /><br />To me, almost as surprising as the sales has been the lack of inventory. I suspect with refinancing and olympics on the horizon a lot of sellers think they'll get a better price.<br /><br />What I have seen recently (anecdotally) is a spike in prices, which should eventually suck the air out of sales. The old mentality seems to be back in full (RE only goes up, Vancouver is recession-proof, yada yada yada).Naveenhttps://www.blogger.com/profile/08076474752207960359noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-32844883570026461372009-08-10T08:21:38.447-07:002009-08-10T08:21:38.447-07:00"The market will turn around and plunge in 6 ..."The market will turn around and plunge in 6 weeks" It made a good start this last week. :-)<br />http://agentwill.com/weekly-stats/<br />Take a look at the weekly unit sales!Stratamanhttps://www.blogger.com/profile/17562001878583509939noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-50235341775008080752009-08-10T08:06:35.654-07:002009-08-10T08:06:35.654-07:00"It still looks very much like a spring bounc..."It still looks very much like a spring bounce but that should be very clear by end of September."<br /><br />Right!<br /><br />The market will turn around and plunge in 6 weeks. You will be absolutely right!JimTanhttps://www.blogger.com/profile/13480972517925246528noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-34344668559602677882009-08-09T19:14:25.375-07:002009-08-09T19:14:25.375-07:00Thanks for the data Mohican. It still looks very m...Thanks for the data Mohican. It still looks very much like a spring bounce but that should be very clear by end of September. I think however that sad to say the low interest rates and the Olympics have thrown a wrench in a parallel following of trend in other cities. I am pretty sure an equivalent low interest rate had it happened in the states at their peak would have been exactly similar. The olympics are playing heavy in the so called long term buyer heh heh. Many many people have all of there bets on the two week party.Stratamanhttps://www.blogger.com/profile/17562001878583509939noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-8333200451822595372009-08-08T19:33:45.156-07:002009-08-08T19:33:45.156-07:00Jim going by the teranet data it looks almost exac...Jim going by the teranet data it looks almost exactly the same as many american cities before they continued their plunge. Comparing the American data to the REBGV stuff doesnt make much sense since the methods are very different.Unknownhttps://www.blogger.com/profile/16361217381016612518noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-70381216840762644732009-08-08T01:19:32.717-07:002009-08-08T01:19:32.717-07:00Told you that it didn't look like a spring bou...Told you that it didn't look like a spring bounce!JimTanhttps://www.blogger.com/profile/13480972517925246528noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-65202148586759154352009-08-07T22:26:03.600-07:002009-08-07T22:26:03.600-07:00Very nice chart work Mohican, thanks for that!Very nice chart work Mohican, thanks for that!wizardofozziejurockhttps://www.blogger.com/profile/14889563194337494886noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-49139418412545874462009-08-07T16:08:47.955-07:002009-08-07T16:08:47.955-07:00Thanks for the analyses, Mohican. It will be inte...Thanks for the analyses, Mohican. It will be interesting to see if the Teranet data recapitulates the REBGV price bounce or if the two series eventually intersect.Ian Bosdethttps://www.blogger.com/profile/10314706369126772981noreply@blogger.com