It’s too soon to say anything For Sure But Listings that had been languishing …. have just sold 2019 Buyers taking advantage of “Last Year’s Price” from Sellers who were beat-up by late-2018 market dreariness and glad to be moving Here come the 2019 New Listings … at what price?? … at how many at…
Stewardship! – The forgotten ingredient of Canadian public life The (machinery of) government – the departments, directors, managers and employees are simply the worker-bees. They have become/devolved into a Unionized Govt Monopoly bathed in job-related entitlements, whose syndicalist leaders deceive them (and us) with the phrase “parity w the private sector” The Legislative Order’s Lower…
416 Seller’s Market (low supply) 905 Buyer’s Market (many vacant/tenanted homes for sale) Look at them Separately since 2012 Sales Prices And Since Dec 2002 Sales Prices
It’s all about Affording the Monthly Payments ie Qualifying at Bank Yep – the Real Estate Business IS the Finance Business — if you cannot Finance it, you cannot sell it! Average TREB Price $750,180 – 75% Mortgage =$562,635 Variable Rate Mortgage at at 2.95% means P & I Payments are $2,648.21 + Tax…
INFLATION at 2% adds 25% in ~11 years Zero’d to Past Peak 1989
Two Looks at Prices Calendar 18.41% off the Peak School Year 16 Consecutive 12%-33% Yr over Yr Price Increases
Two Looks at Sales Calendar School Year
