Barry Connerty is talking about Canadian Tire, Shoppers Drug Mart and Telus. All three companies posted large earning this quarter. That relates to Real Estate because, just as these companies, have managed to earn profits in the current economy there are some segments of the Vancouver, Lower Mainland market that are still performing well.
What needs to be heard is that you should not focus on the headlines in the newspapers, rather, crunch the numbers yourself or call Barry Connerty or email him, firstname.lastname@example.org, or visit his website barryconnerty.ca and crunch the numbers with him.
That's your Real Estate Flash