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Market update Sep 1 – 26, 2013

Inventory vs sales and price2

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2 responses to “Market update Sep 1 – 26, 2013

  1. Regarding Ross Kay, who has accused CREB of posting misleading statistics, by Ann-Marie Lurie:

    One outspoken critic of organized real estate recently wrote a blog in which he questioned the integrity of the data at some real estate boards in Canada, including CREB®’s.

    If you hear questions from the public about this matter, CREB® would like to assure you that there is no significant double-reporting of sales in our MLS® System, nor is there any distortion of data involving the reporting of so-called “private sales”, as the blog’s author referred to them.

    “There is no such thing as a ‘private sale’ in the MLS® System – all sales are recorded and treated equally,” says Ann-Marie Lurie, CREB®’s chief economist.

    If you have any questions about the data on CREB®’s MLS® System, please contact Ann-Marie at: ann-marie.lurie@creb.ca. http://www.creblink.com/crebtalk/Articles/2013/September/CREB_MLS_System_database/

  2. Poor OLD gartho – WRONG AGAIN

    Maybe he should write a book called – Do the opposite of what I say and get RICH.

    No RE collapse
    No interest rates skyrocketing
    No end to QE
    No double and triple reporting of house sales

    Honest hard working people have lost $100’s of thousands by listening to that clown.

    Sad

    Pretty soon he start chirping the bottom is in – BUY BUY BUY

    What a goof!

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