Will them media please relax? We have been. On a positive note, the slow down in activity has allowed a lot of us to actually enjoy the summer.
We’ve commented on the bubble debate recently and until we see the fourth quarter of 2010 play out, I don’t think it’s worth revisiting. Summer numbers as always slower so I’m not digesting it as an indicator. September and October will be the proving ground!
It will be an interesting fall to be sure, and of course real estate agents do get a reputation for being overly optimistic. Check out this hilarious spoof of agents at an open house…
(and see the Toronto Real Estate Board Market Watch for August and housing charts below!)