Isn’t it funny how fast home owners in Edmonton went from saying "I can’t believe my home is worth $XXX!!!" to "I won’t take a penny less than $XXX!" From "My neighbour just sold their house for $500,000!!! I can’t imagine anyone ever paying that for my home!" to "My neighbour sold their house for $500,000 in July so mine must be worth $550,000."From "I would never pay $400,000 to live in this house of mine!" to "My house is worth at least $400,000!"It seems like it happened overnight. There was a level of disbelief in housing prices among residents of Edmon[...]
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[Source: The Money Blogs]
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