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March dip cools a heated market

From Friday's Globe and Mail

It seems the enthusiasm of potential home buyers has remained cool even as the temperature outdoors heats up. ...Read the full article

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  1. Phil . from Canada writes: "It's the end of an era, if you wish," says Mr. Tal. "I think that the real estate market will be more boring for the next couple of years — which may be a good thing."

    It's not going to be boring.

    "Still, Mr. Tal is not calling for a buyer's market any time soon."

    Mr Tal has a conflict of interest.
  2. Michael Edwards from Vancouver, Canada writes: Hahahaha! First too cold, not too warm! Do they really think the general public is going to believe them any more? What a joke!
  3. S OConnell from Canada writes: Ahhh the three bears defense... this is too cold, this is too hot.... now its just right?

    .... or maybe its just overpriced?
  4. Phil M from Toronto, Canada writes: Well, this is a far cry from: It's going to keep going up up up forever! I wonder what all the real estate agents who advised engaging in a bidding war in January are telling their former customers now. I guess you can't trust advice from real estate people with a vested interest in high housing prices... which might lead one to question this latest prediction ;)

    That is, if you're an ignorant, stupid bear, who's going to get priced out of a market that's going up up up! If you're a bull cheerleader, carry on! Surely all these economic indicators are meaningless, as the market's perceptions are the only relevant factor in setting prices, right?

    ;)

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