Some items worth discussion:
- Edmonton Comfree inventory up to 2800. MLS is over 8600.
- Calgary MLS is over 8000. WeList is over 2300.
- Fed apparently panicking, two days after saying that there's no panic. Consequently, the stocks and oil prices jump. It's a strange world we live in. Fed is panicking because things are getting weaker and the market are rejoicing that rates will now be lower. So much reminiscent of the 2000-2001 behavior.
- Are interest rates going to go lower? Will that lead to reinvigoration of real estate in Alberta?
- Toronto real estate prices are down because "people are on cottage and so on..." Are these guys so lousy and hopeless that they can't come out with a better excuse than a school boy's "My dog ate my homework...." excuse.