tag:blogger.com,1999:blog-31427364.post5173770303886814014..comments2024-03-26T03:52:23.395-07:00Comments on Housing Analysis: REBGV March Statistics and Inventory Updatemohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-31427364.post-69250443984012990682007-04-10T14:21:00.000-07:002007-04-10T14:21:00.000-07:00Thanks Mohican.I also have a formatting comment: i...Thanks Mohican.<BR/><BR/>I also have a formatting comment: it might be easier to read the graph if you reported the dates only at longer intervals, but in larger size. After all one can interpolate time.domushttps://www.blogger.com/profile/12219518832803471294noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-60878044225883370412007-04-10T09:38:00.000-07:002007-04-10T09:38:00.000-07:00domus:Good question on methadology - essentially I...domus:<BR/><BR/>Good question on methadology - essentially I have home price index data for both the SFH data set and the APT data set. I do not have historical nominal price data for both so I cannot compute a "true" price compression graph. <BR/><BR/>This is why I have a plea for data in my post! I still feel that the house price index is a good guage of the compression phenomenon though. Having the nominal price data would be better.mohicanhttps://www.blogger.com/profile/06094213357140749289noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-77783662028017761842007-04-09T18:30:00.000-07:002007-04-09T18:30:00.000-07:00Mohican,thanks for the data. I enjoy your posts.On...Mohican,<BR/><BR/>thanks for the data. I enjoy your posts.<BR/>One question: how do you compute the price compression index? Surely there is some normalization goign on, because a ratio less than one in nominal, raw prices would not make much sense. What is the normalization factor? How do you rescale?<BR/><BR/>Also: any evidence of the unwinding of price compression in the US previously hot markets? That would be great to see.....domushttps://www.blogger.com/profile/12219518832803471294noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-30601069702810718482007-04-07T18:20:00.000-07:002007-04-07T18:20:00.000-07:00REBGV covers Burnaby, South Delta - Ladner/Tsawass...REBGV covers Burnaby, South Delta - Ladner/Tsawassen, Coquitlam, New West, Port Moody, Port Coquitlam, Maple Ridge, Richmond, Pitt Meadows, Squamish, Sunshine Coast, North/West Vancouver, and Vancouver.<BR/><BR/>FVREB covers Surrey, North Delta, Langley, Abbotsford, White Rock, and Mission.mohicanhttps://www.blogger.com/profile/06094213357140749289noreply@blogger.comtag:blogger.com,1999:blog-31427364.post-36900515828697902932007-04-07T16:02:00.000-07:002007-04-07T16:02:00.000-07:00Well, the stage is certainly set for some overall ...Well, the stage is certainly set for some overall drops and "price decompression". Question: Where is the border between REBGV and FVREB?<BR/><BR/>It appears that downtown condos will drop first, but I've been surprised before.Warrenhttps://www.blogger.com/profile/00586650821846362670noreply@blogger.com