Friday, December 24, 2010

Merry Ho Ho

Whatever you're doing to celebrate this time of year, raise a glass and hear my toast:

May you have peace and financial security in your world in this year and next.
May your life be happy and influential on the people around you.
May your contributions here and elsewhere be recognized and rewarded.


Thanks to everyone here, for your reader loyalty, your insightful commentary and your continued participation whether it be daily, weekly, monthly or rarely.

Happy Christmas,

The HHV's


jose said...

Thanks! Merry Christmas to you guys too, and thanks for all your efforts

Robert Reynolds - GBA said...

Happy Christmahannakwanzadon all

a simple man said...

I want to wish everyone and their families peace and happiness over the holidays.

Your dialogue over the past year has been a great gift to me.

DavidL said...

"Happy Christmas to all, and to all a good-night!"

Alexandrahere said...

Hello everyone. Hope everyone had a wonderful Christmas.

Last weeks stats - 20 Dec - 26 Dec

SFH: Min 2 beds & 2 baths priced between $375K & $775K in the four core municipalities of Victoria, Oak Bay,Esquimalt, Saanich East & Saanich West.

New: 10
Sold: 9
P/C: 4
OM: 8

Average Sell Price: $557,555
Median Sell Price: $540,000

SFH in these areas sold for 91.9% of the original asking price.

Two homes sold for under BC assessed value.

The condo market in these areas was basically dead having almost no activity at all.

Just Jack said...

Hope everyone had a very Merry Christmas

It will be interesting to see what this New Year brings.


omc said...

More on the debt threat, I am thinking that the gov't will probably do something quite soon.

From watching the market the last few years I will make some half @ssed predictions. Jan and Feb will have more buyer activity than sellers, creating a bit of a sellers market and possible price rises. Things start to even out in March and by May/June things will swing back to a buyers market for a bit.

That is if the gov't doesn't do anything about people who can't afford to enter the market taking monster mortgages.

Rhino said...

wow is it new year's prediction time already? looking back at mine from last year:

I can't see the market shifting at all yet since almost all sales are OVER asking. Seems like an extreme sellers market still to me. I predict this time next year we will have prices 5-10% higher, with prime higher by .5%, and inventory 20% higher...we shall see."

Not too bad. Need a bit to think about this years, but it will be decidedly more bearish.

Marko said...

Wednesday, December 29, 2010 8:30am:

MTD December
2010 2009
Net Unconditional Sales: 322 453
New Listings: 491 480
Active Listings: 3,228 2,557

Please Note

Left Column: stats so far this month
Right Column: stats for the entire month from last year

Marko said...

The month started out with number SFD sales of fewer than 320k on Pender Island; however, an on slot of million dollar sales followed to prop the average to about 640k.

157 SFD sales so far, 14 over one million.