VANC REAL ESTATE “BULL TRAP”

Posted by Canadian Housing Price Charts

Share on Facebook

Tweet on Twitter

Notice on the chart above that during the labelled periods ZIRP grande and ZIRP petite, all three Vancouver residential housing sectors sold off in price and total number of residential sales. A significant difference was that during ZIRP grande, single family detached housing diverged from the whole market and produced a false trend change signal and went on to zoom into the blow off phase adding another 20% to the price which has mostly evaporated.

….whole article HERE

I know Mike is a very solid investor and respect his opinions very much. So if he says pay attention to this or that - I will.

~ Dale G.
I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.

~ Dave E.
Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.

~ der_al.
A sane voice in a scrambled investment world.

~ Ed R.