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Slowdown in real estate across Canada

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Uploaded by on Jul 24, 2008

Ozzie Jurock discusses the slowdown in real estate across Canada. Vancouver, for example, has seen a year-over-year decline in sales of 43%.

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  • dont understand how the average canadian pays for their home, waaay over priced, sales land taxes, fees, costs, expenses,

    people are facing a record level of debt currently, how can house prices still rise? they need to drop, 20% in some markets.

  • CANADA IS BOOMING

  • @pookiroo I agree with you 100%

  • A buyer's market is an understatement. The smart buyer would walk away from the real estate market right now. There's no way I would buy a house now. Don't buy someone else's problem. You can buy a house and then lose your job. If you lose your job, you put your house at risk and all your life's savings.

  • Nice Vid. I enjoyed it. We market properties and other things on youtube, we hope to create a large network of people interested in making money. Your video gets a five star rating from us. I hope you feel the same about ours.

  • haha..it depends on your financial position. market is still good if you know where to look.

  • A buyer's market or a "get the hell out while you can, market"?

  • Well done, Ozzie.

  • BS?

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