Below are two graphs that look like they may have something in common. The first is from Whisperer's blog. We have posted it a few times here, and it shows how a mania unfolds in a graph.
I admit I have had trouble identifying where we were on the slope, but things may be a bit clearer now.
The second is the SFH average price for Vancouver. You judge.
A continued grind upwards - *Mid-week market update*: I wrote last weekend that there was a possibility that the stock market may undergo a melt-up, followed by a crash (see Market me...
10 hours ago