By Abnor. In a document released today called State of the Market – Quarterly Market Research Report Q2, 2013, a variety of projections, prescriptions and predications are made about today’s volatile real estate market.
Now I am no expert at predicting the future. I’m kind of like CTV’s morning news reader, Dan Matheson, who once said (words to the effect of) ‘I don’t really understand the stock market I’m just happier when it’s going up’.
No matter what the economy is doing I still seem to be having the doing done to me rather than be doing any doing of my own … if you know what I mean.
Imagine my surprise when, buried amidst all of the charts, graphs, statistics and analysis I found three little graphs which I’m pretty sure I was able to understand. They’re on Page 14 of the report. Have a look for yourself and tell if I’m wrong.
Let’s see if I can say this in the manner of a serious-sounding news reader or expert …
“I think, based on the historical record fluctuations we have witnessed over the last decade, that we’re about see a downward trend vis-à-vis the relative upward trend we’ve been witnessing in the re-sale market.”
What do you think. Did I nail it?
I forgive you for sounding like an airhead Dan Matheson 😉
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Editor’s Note:Abnor joins us from time to time with a question or two about what he sees around him. He has plenty of time on his hands and he spends a great deal of his time wandering the streets of Abbotsford wondering about what he sees and hears. He’s a modern day hobo with a Blackberry.