Since recent changes in interest rates, I have heard that house prices have gone down significantly. Is it a good idea to sell? When is it really going down? Any analysts here who can help?
2006-10-18 22:05:09 · 2 answers · asked by DALIP B 2 in Business & Finance ➔ Renting & Real Estate
Vancouver,Canada I just want a brief news on housing prices. Thats it..any help is deeply appreciated
2006-10-18 22:33:09 · update #1
Okay, lets do this. Take a nice cup of coffeee and browse these news resources. Nobody knows the answers, but if you read all these news, you will know. I heard some news sites saying the interest rates are likely to go down, but there is no gurantee...
You have to read and enjoy these to come to a conclusion.
Housing price gains to slow in 2007
http://www.canada.com/nationalpost/news/story.html?id=579f9410-9a63-4b2d-b7a6-206ab253b5ef&k=87329
Market Outlook negative
http://www.thestar.com/NASApp/cs/ContentServer?pagename=thestar/Layout/Article_Type1&c=Article&cid=1161079746623&call_pageid=968332188492
Housing Sales Drops
http://www.vernonmorningstar.com/portals-code/list.cgi?paper=35&cat=42&id=750288&more=
Vancouver real estate hits stratosphere
http://thechronicleherald.ca/NovaScotian/533244.html
U.S. real estate crash could cause global ripples
http://www.theglobeandmail.com/servlet/story/LAC.20060921.RHOUSING21/TPStory/Business
Rise in B.C. real estate prices to slow
http://www.canada.com/vancouversun/news/story.html?id=807b03d9-5a2c-4b73-a059-9ff74f9ff389&k=42196
Vancouver Realtors Report Brisk Entry-Level Housing Market
http://realtytimes.com/rtcpages/20030919_vancouver.htm
These links did not just pop-up, i did a bit of research on your topic to find your some answers. I wish I knew the future, but it looks like it is worth selling if you can get the best deal!!
Good luck
2006-10-20 18:39:43 · answer #1 · answered by bhupen 4 · 0⤊ 0⤋
Referring to Vancouver, Canada, or Vancouver, USA?
2006-10-18 22:09:10 · answer #2 · answered by Pichi 7 · 0⤊ 0⤋