Comments on: New Housing Price Index (Sept 2009) http://calgaryrealestatereview.com/2009/11/12/new-housing-price-index-sept-2009/ by Mike Fotiou, Associate Broker with First Place Realty Wed, 08 Feb 2012 00:29:21 +0000 hourly 1 http://wordpress.com/ By: CM http://calgaryrealestatereview.com/2009/11/12/new-housing-price-index-sept-2009/#comment-1052 Thu, 12 Nov 2009 23:36:15 +0000 http://calgaryrealestatereview.com/?p=2509#comment-1052 Peter, why are you being such a worry-wart ? Don’t you know that we are going to experience wonderful growth next year across most of Canada?

http://www.theglobeandmail.com/report-on-business/olympics-infrastructure-spending-to-spur-recovery/article1361209/

See? The Conference Board of Canada said so!

The Olympics and forestry are going to save BC. No, seriously, the Olympics.

Oil prices and natural gas prices are going to go back to 2007 prices to save Alberta.

The potash industry is going to do a 180 and save Saskatchewan.

Government spending is going to save Ontario, Nova Scotia, and PEI.

Newfoundland, sorry, you’re screwed.

]]> By: Mike Fotiou http://calgaryrealestatereview.com/2009/11/12/new-housing-price-index-sept-2009/#comment-1049 Thu, 12 Nov 2009 15:38:02 +0000 http://calgaryrealestatereview.com/?p=2509#comment-1049 Noteworthy that a major player has spoken up:

Mortgage Lender (ING) warns of housing bubble

Peter Aceto (Pres & CEO of ING) was also on BNN earlier this week: view clip

A few weeks ago, Mark Carney (BoC) stated: “We expect, and we have confidence in, prudence from Canadians. We remind people that borrowing is for the period you are going to borrow, not just for the moment you take out the loan.” (Source)

]]>