published in edmonton real estate blog

howardx

published in edmonton real estate blog

音响神仙鱼

http://edmonton-homes.blogspot.com/

醉酒当歌

TD Warns of Potential Housing Bubble in Western Canada

9 s0 L/ ~: m1 z7 ~& I. t( aEveryone knows property prices have gone through the roof in Calgary in Vancouver, and they are at new record-setting levels in Edmonton every month. TD Economics now says there is potential for a bubble in western Canada. The important thing to note is that they state that in Edmonton "affordability remains surprisingly good."

TD warns of potential for housing problems in West
By Ottawa Business Journal Staff
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Housing activity in Central and Atlantic Canada has cooled down without prompting a price correction, but select cities in Western Canada are "flashing warning signs" that suggest the recent pace of price gains has been unsustainable.

That's the conclusion of TD Economics latest "Housing Bubble Watch" report.
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"Canada's real estate markets appear to be in good shape and market conditions are becoming more balanced. Key exceptions are Vancouver, Calgary and Edmonton," says TD's deputy chief economist, Craig Alexander.
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"The recent dramatic price gains in Calgary and Vancouver are unsustainable over the long-term, and both cities are vulnerable to significant moderation. Edmonton is also experiencing explosive price growth, but affordability remains surprisingly good."

0 J3 o& Y) M+ S: NWhile sales of existing homes are poised to set another record, Mr. Alexander cautions that regional developments are distorting the national story. Resale home prices rose 12.9 percent in the second quarter of 2006 from a year earlier, but excluding Alberta and British Columbia, the average rise in resale prices across the other provinces was a more moderate 7.3 percent. Alberta is responsible for almost half of the gain in the national average of new home prices.

"The dominant trends in housing markets outside of the West have been weaker unit sales, greater new listings and more moderate price growth - all of which point to more balanced market conditions and declining real estate risks."
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, A1 G: R. m2 w& nIn Ottawa, Mr. Alexander notes the pace of resale home prices has slowed, dropping from a 6.2 percent year-over-year increase in April to 1.4 percent in July. This can be partly explained, he says, by an increase in new home construction, which has put a damper on price growth.

音响神仙鱼

原帖由 醉酒当歌 于 2006-9-2 11:32 发表
. v8 m$ ?: q5 O8 hTD Warns of Potential Housing Bubble  in Western Canada

Everyone knows property prices have gone through the roof in Calgary in Vancouver, and they are at new record-setting levels in Edmonton e ...

0 b7 I( h0 b$ ^! i% ]3 ^Everything has two sides and caution is nedded, but the house market here still looks healthy. The growing house price here has reasons and will continue.

醉酒当歌

你是香港人吗？英文真好。

原帖由 音响神仙鱼 于 2006-9-2 11:40 发表
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Everything has two sides and caution is nedded, but the house market here still looks healthy. The growing house price here has reasons and will continue.

音响神仙鱼

原帖由 醉酒当歌 于 2006-9-2 11:45 发表
2 U, m& w. T% [' x; n4 z9 g; ~: _6 Q你是香港人吗？英文真好。

太过奖了，我也是大陆来的。

牛眼熊心

原帖由 醉酒当歌 于 2006-9-2 11:45 发表
6 A" I1 \6 y: W你是香港人吗？英文真好。

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什么逻辑？香港人就一定英语好么？言下之意大陆和台湾人的英语就比不上港人了？

peterpan

原帖由 音响神仙鱼 于 2006-9-2 17:42 发表
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太过奖了，我也是大陆来的。

原帖由 量子 于 2006-9-2 20:43 发表
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什么逻辑？香港人就一定英语好么？言下之意大陆和台湾人的英语就比不上港人了？

我怎么觉得醉酒同志在说反话呢

音响神仙鱼

原帖由 peterpan 于 2006-9-2 20:49 发表

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我怎么觉得醉酒同志在说反话呢

' y3 W! w0 m9 s) @) o: _, }小潘同志，我知道你是谁，嘿嘿。。。

牛眼熊心

原帖由 peterpan 于 2006-9-2 20:49 发表
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我怎么觉得醉酒同志在说反话呢

1 r  U1 b/ ^7 L+ O) ~. s不管是不是反话，谁说港人的英语比大陆人好我就跟他急。