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rpollock rpollock is offline
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Join Date: Dec 2001
Location: Calgary
Posts: 282
Shaun, I live in Calgary but also lived in Vancouver. It is very hard to read these markets out west these days. Vancouver seems to defy all logic when it comes to pricing. People have been calling for a correction there for at least 3 years, but it continues to go up. Calgary and Edmonton are both oil driven, surprisingly both are correcting right now, down about 10% over the last 6 months. I may buy in Calgary if prices continue to go down here. The real opportunity for Canadians is in California, Florida, NV, AZ where the prices are correcting and we can take advantage of the suddenly very strong CDN$ against the US$. This may be a once in alifetime opportunity for Canadians as our dollar is at historic highs.
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Old 11-07-2007, 02:15 PM
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