September 05 2010
millenium meltdown
Tags: property

Finally, media stories are starting to confess what the data has been showing for more than two years. The Vancouver bubble is bursting. In fact the recent stimulus-induced bounce (a temporary reverse in the decline that was just getting started) has boosted the peak even higher, which makes looking over the precipice even more vertigo-inducing than it was two years ago.

Nice to see the usually smug Bob Rennie looking seasick for a change...