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Bottom Call Thread
12-29-2012, 09:22 AM, (This post was last modified: 12-29-2012, 09:23 AM by fixbot.)
Bottom Call Thread
Patriots started this thread to track 'bottom calls' for the Vancouver Real Estate Market:

I’ve created this thread to keep a record of bottom calls.

Quote:“According to Brown, this segment of the real estate business (Whistler hotel condos) is at the bottom of the cycle so prices are good right now.”

patriotz said 6 months, 1 week ago:
Another Whistler bottom call in 2010 with its own thread:

Quote:“The message is, if you’re waiting for prices to drop before purchasing property in Whistler, you may be too late. The time to buy is now.”

patriotz said 5 months, 2 weeks ago:
Hat tip to Gordholio.

Quote:There’s renewed post-recession interest in B.C.’s recreational property market and it’s largely from young families attracted by lower prices, according to a RE/MAX executive.

patriotz said 2 months, 2 weeks ago:
Apparently the first bottom call for Vancouver itself, virtually as soon as the usual suspects have acknowledged that prices are falling and from none other than Tsur Somerville. Maybe we should start another prediction thread – how many bottom calls will Tsur make?

Phone: Tsur Somerville
Real Estate Foundation Professorship in Real Estate
Finance Director, UBC Centre for Urban Economics and Real Estate

jesse7p said 1 month, 1 week ago:
Quote:“If over the next year prices fell by 10 per cent I wouldn’t be shocked, but I think [prices] would rebound,” [Tsur] Somerville said. “China slowing down dramatically and causing dropping commodity prices would be dramatic for B.C. But I don’t see anything out there right now, to push us into major price declines.”

jesse7p said 4 weeks, 1 day ago:

Quote:“This is not the beginning of a major correction or recession or decline in housing prices of 15 or 25 per cent as some predict, mainly because we are not seeing an economic recession play out at the same time.”

Helmut Pastrick, Central 1 Credit Union, November 2012

jesse7p said 2 weeks, 3 days ago:
Quote:“We’re likely going to see more of the same next year, certainly not expecting to see a dramatic rebound. I’m forecasting home sales will be up next year compared to this year but only in a modest percentage, still falling a little bit short of those longer term averages.”

- Cam Muir, November 15, 2012

jesse7p said 1 week, 6 days ago:
Quote:“Vancouver, British Columbia’s housing sector may have hit its bottom with an improvement in home sales seen in October”
-Marc Pinsonneault, National Bank
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Messages In This Thread
Bottom Call Thread - by fixbot - 12-29-2012, 09:22 AM
RE: Bottom Call Thread - by jesse - 01-06-2013, 09:06 PM
RE: Bottom Call Thread - by jesse - 07-09-2013, 08:36 PM
RE: Bottom Call Thread - by jesse - 12-20-2013, 05:15 PM

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