Thursday, October 14, 2010

I should throw some numbers up.

But there isn't much to report. About 50% list sales through-out.

North Shore

21 New
1 Back
20 changes
11 sales

Some Fraser Valley 14 day Numbers- which are showing some weakness.

Mission

63
8
56
23

Langley

185
15
140
62

Abbotsford

132
14
130
72

North Delta, Surrey, North Surrey, Whiterock and Coverdale

595
39
451
289

BTW- I always have considered more price reductions than sales a sign of weakness coming into the market. It may lead to more weakness, or the new, lower prices may bring in buyers and stabilise the price. In 2008 it led up to the flash crash in RE. Lets see what it brings this time.