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echo: alaska_chat
to: JIM WELLER
from: Steven Horn
date: 2003-05-29 00:49:12
subject: Yellowknife

JIM WELLER (1:123/140) wrote to STEVEN HORN at 00:38 on 25 May 2003:

 JW> We hit a new mile stone last week; a house sold for over $500,000
 JW> (110 Niven Drive) for the first time.

Gawd.  Our upper limit seems to stick at $350,000 although there are houses
which should be worth more than that.

 JW> Prices dipped in the late nineties when several gold mines closed
 JW> but really took off again when the diamond mines opened up. Up 29%
 JW> in the last year.

I sensed from seeing the prices on youer Web site that prices were rising.

 JW> We're building like crazy but can't keep up. There just aren't
 JW> enough construction guys available to cope with the boom.

Is there enough land available now.  That was an issue when I worked in Land Titles.

Take care,

Steven Horn (steven_a_horn{at}yahoo.ca)
Moderator, ALASKA_CHAT 
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