Making Sense of Today's Housing Market: The local slowdown should not be confused with the collapse in the U.S.
December 10th, 2008Excellent perspective from the Vancouver Sun, Dec
In recent months, economists have had the unenviable task of trying to calculate the direction the housing market is likely to take, factoring in things like unemployment rates, population and immigration figures, economic growth, mortgage rates, and that most nebulous of criteria, consumer confidence.
They agree tha ...