When you've been in a market that's been peaking for so long, it's only inevitable that at some point the numbers are going to be lower than the year before and finally this appears to be it.
An article on thestar.com discusses it and also fairly points out that sales are still high, based on historic numbers, just off the record ones from the past couple of years.
We're still tracking to significantly exceed the sales numbers of even 2004-2005.
But the printed media seems to love anything that has a "doom & gloom" aspect to it so a number of sites are reporting on it. One column is even called "Housing Gloom"!! Oh give me a break.
It's like there's no middle ground. We're either in record territory or "gloom"???
So much for balanced reporting.
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