This intense concentration of anecdotes breaks all records for efficiency of story telling on VREAA. Please send your own observations. Here’s Real Life at vancouvercondo.info 21 Nov 10:43 am -
“This week I heard this:
1. Hotel in Whistler – “last year was bad, this year is worse” (Global TV)
2. Fitness Centre in Fraser Valley – closing after 12 years (friend works there)
3. Condo back on market for -20% than paid 18 months ago (FTB friend)
4. Hours cut by 50% (friend that is an electrician)
5. Renegotiated rent (friend had landlord reduce rent from $1250 to $1050 in Chilliwack – for 1 year old 4 bedroom house.)”
That’s news, but too bad they are all outside of Vancouver.
If you focus on Vancouver properties, things are hotter than ever
Point taken, genxr.
The hot Vancouver market isn’t ignored here, as you’ll see from the series of G&M posts.
It seems east Van is hot, but other areas as close by as West Van are cooling.
If you have any specific stories, please share them.