Thank you both for the prompt insights.

QUOTE (ThomasBeyer @ Nov 22 2009, 06:29 PM) indeed .. thus expect an ARTIFICIAL RUN UP in prices in both BC and Ontario until May/June 2010 .. then a DROP by about 5-7% in 3Q 2010 .. both for new and used homes .. as used homes trade at a discount in parallel to new homes !! Do not overpay in...

Does anyone know if the new HST in BC affects new homes, re sale homes or both? Thanks for your reply.

God and faith is a very important dynamic to all things that we do including real estate investing. Happy to read all these posts. They mirror my own thoughts.Thanks to Thomas for bringing this very important topic up.