Prices! Peaks & Troughs — will the past predict the Future?

You may have seen the excellent Canada-wide article “Downgrading our forecast for Canada’s housing Market” from Robert Hogue, Assistant Chief Economist at the Royal Bank of Canada. He used seasonally-adjusted, quarterly House Price Index Values (from Royal Lepage and CREA’s HPI)and (quite inspirationally) combined some recent Real Estate market Price Peaks on a Peak=100 basis.…

CDN Sovereignty, CDN Stewardship, CDN Subjecthood & CDN Citizenship — a solution to a foundational problem, right below our noses

“If you wish to converse with (each other), first, please define your terms.” — Jean/Carol Canuck-Voltaire-Arpents After hearing Danielle Smith recently posit Alberta Separatism version 5.02 and after years, nay decades, of hearing the Belle Province’s dirigists expounding on Sovereignty in our their house or some ‘durn thang‘, I am moved to discuss Canadian Political…

Everybody Like Predictions (esp gloomy and/or glowing ones) Q. IF you absolutely, positively KNEW what GTA Realty market was going to be in December 2023 … what would you do? keep it quiet or broadcast it?

1) Toronto/GTA Market stats peaked in February 2022 2) As of June 2022 Monthly report we are off-the-peak by 14.1% 3) Seasonality tells us that June/July/Aug average Prices are almost always lower than that year’s “peak spring” ie wasn’t in 2022 the Kovid Krazy year 4) If we project forward from June 30th 2022 results…