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To: bill who wrote (2003)	11/18/2001 11:48:11 PM
From: bill	Respond to of 11633

Talked to a small contractor. He's still building pre-sold homes. Real estate agents say prices are edging up but I talked to a homeowner who paid 285,000 for his house seven years ago and he just had his house evaluated and was given a price of 275,000. Mind you that was a bank evaluating the house for a line of credit rather than a real estate agent giving a selling price. So, there is business but the prices seem to have been sitting still mostly. Tough market if you have to sell but probably okay if you want to sell but can afford to wait for your price. We're so used to buying and having the price go up in a month or two. Quick return. Anybody on this thread from Calgary? If any place is going to get hurt with the downturn in oil prices, it is Calgary.

To: bill who wrote (2003)	11/19/2001 12:29:17 AM
From: Goldberry	Read Replies (1) \| Respond to of 11633

Yes Toronto Keep in mind that until the recent bad times Ontario has been booming. I may be wrong but over the past several years hasn't B.C been the worst if not at least close to the bottom in economic activity of the provinces? There was a condo write up in this weekend's paper for a new swank place in Toronto with the floor plan for a 500 sq ft suite at $400M + real estate has been holding up well here. Average prices in our area are up 10% this year and in some of the more desirable areas 20%