04.10.2012 - Canada: As housing market slows, industry scrambles to paint positive picture
Organized real estate is unable, it seems, to admit the glory days may be behind it. Sales plummet in major markets and the industry comes up with a new explanation for the decline, draping its comments with a sense that everything is just fine. The excuses are piling up. This monthís gem comes from the Toronto Real Estate Board: It complained September didnít have enough working days ó too many weekends. I always thought people bought homes on weekends, but it seems the transactions are registered during the week...............................................Full Article: Source
Print