Healthy Housing Market of 2009


From today's Wall Street Journal:

More conservative lending practices in Canada vis a vis the U.S. averted a major disaster in the Canadian housing market in 2009 according to the author of this study,James MacGee.

http://blogs.wsj.com/developments/2009/12/07/why-hasnt-canadas-housing-market-taken-a-dive/

 

November sales in Vancouver were gangbuster, the third highest on record for November, with many multiple offers and sales over asking price.