Who is Saying What about Real Estate and the Economy - March 9, 2009

Here are my picks from this weeks mainstream and online media about Real Estate and the Economy on both sides of the 49th... enjoy! AND.. feel free to bring things like this to my attention so I can feature it here!

Regional Canadian Real Estate News

This Week in North Okanagan Real Estate (OkanaganHeat.com)

February Results for Red Deer Real Estate (Century 21 Patrick Galesloot)

Kitchener/Waterloo Real Estate In February (Century 21 Jeff Gingerich

Vancouver Home Sales Down 45% from a Year Ago (CEP News)

Number of Albertans Planning to Buy a Home Surges (CEP News)

Calgary Housing Market Showing Signs of Stabilization (CEP News)

Montreal Home Sales Down, But Prices Continue to Rise (CEP News)

Toronto housing market slide slows in February (Globe and Mail)

Home sales plunge 33% in February (Toronto Star)

Toronto house prices down just 5%, suggesting a more stable market (National Post)

Canadian Real Estate News

For those who bought, the wait may be long (Globe and Mail)

Optimism returning to housing market, RBC survey finds (Globe and Mail)

Canada home buying intent up as prices fall-surve (Reuters)

Home-Buying Intentions Remain Strong (MarketWire)

Attack of the condo craters (Macleans)

Arrested development (National Post)

Canadian Building Permits Mark Fourth Straight Month of Decline (CEP News) - yep we still

don't start building here in the winter - go figure! .. but yes numbers are still down.

Building permits fall in January (Globe and Mail)

US Real Estate News

Obama's homeowner strategy unlikely to reduce U.S. housing inventories (National Post)

U.S. mortgage woes break records (Globe and Mail)

U.S. construction activity falls more than expected (Globe and Mail)
Economic News

Bank of Canada Cuts by 50 Bps, Considers Quantitative Easing (CEP News)

Next to nothing: What does a central bank do when interest rates approach zero? (CBC)

Missed it by that much: Toronto nearly cracks top 10 on global financial centres list (National Post)
Warmest regards,
Brell - Brenda Ellis REALTOR with OkanaganHeat at Century 21 Executives Realty Ltd.