I could sense that apartments were weaker in price. They are basically flat YOY- however to be honest I thought we would have a significant drop in apartment prices.
Over-all
November 2010 $580,080
Up 4.1% YOY
SFH
October 2010 $796,883
November 2010 $799,312
Up 5.6% YOY
Apartments
October 2010 $390,074
November 2010 $389,168
Up 1.9% YOY
Attached
October 2010 $487,530
November 2010 $488,733
October 2010 $487,530
November 2010 $488,733
Up 4.1% YOY
Maybe the Bank of Canada can reduce rates to -1%, so that we can squeeze a little more juice of the property markets. I say lets bring back 50 year mortgages, and mandate cash-back mortgages..sheesh.
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