Tuesday, August 2, 2011

Oh- Victoria


Here is the graph from the VREB.



A $50K drop Average drop in SFH prices month on Month!

That's huge : -8%! in one month.

Flat year on year and Townhouses are down Year on Year by about -7%. Condos are down marginally YOY.

The housing bear has landed in Victoria. Here is the VREB press release which is refreshingly honest.