US VS Canada Part 2
After writing a couple of days ago about the differences in the US VS Canadian market and how Canada will not be affected by the US real estate market, this article about the US housing market and its potential impact on the Canadian market appeared in the Globe and Mail today. Many of the comments are also of interest. The big question will this effect our local Vancouver Real Estate Market and if so to what extent. As the fall season gears up, I am not seeing lower prices or longer selling times. We are still in a strong market. For Investors I would be thinking longer term investments and perhaps not expect the "big flip" pay out of the last few years.