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Home Selling...Real Estate -How to read the newspaper headlines - 08/29/08 01:49 PM
In Real estate there are always conflicting news headlines. One says good economic news another says bad. As reported (blogged) before and here again I say LOOK AT THE FUNDEMNATALS. I read today "US economy posts robust Q2 3.3% gains"... (National Post) and right beside it "Canada's surplus rises to $6.8Billion" . Hardly recessionary wording. Yet yesterday I read "US prices rise, housing Slump Deepens" (Globe and Mail) and "US Home builder stay grim". In a two day period these are the financial headlines. As home owners and real estate investors what are we to make of all this conflicting news?
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Mark Vosylius
Barrie,
ON
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