Your stats are misleading. Month over month doesn't mean anything as the market tends to follow a similar pattern every year. Active listings are up 70% and sales are down 15% across Canada YoY.
No my 3 homes that are paid So good luck paying rent If you need rental let me know …oh sorry they are all taken no vacancy. And i am not lying the reason i made the orginal comment is because its people like you who are jeolus and to afraid to get int he market and are always hoping it will crash and never does and that pisses them off Anyway good luck
@@Relaxlifeisshort2 LOL! you realize it's impossible to maintain this price if people aren't entering the market, right? Better take profit while you can, economics clearly isn't your strong suit.
How does the recession affect the recovery? Per capita GDP is declining and unemployment is rising. What if the cut is too early and stagflation continues?
Unemployment is rising because too many immigrants are being taken into Canada. The real unemployment is at a 50 year low in Canada like in America. Canada is looking at a wage price spiral and runaway inflation due to cutting the Bank of Canada rate when it should be increased. Wages increases coming in at 5.1 percent and that figure will only rise.
Your stats are misleading. Month over month doesn't mean anything as the market tends to follow a similar pattern every year.
Active listings are up 70% and sales are down 15% across Canada YoY.
This isn’t the bottom. Sellers would like it to be. The bubble will burst!
Another renter
@@Relaxlifeisshort2 Yes. Relax life is too short to carry an oversized mortgage.
No my 3 homes that are paid
So good luck paying rent
If you need rental let me know …oh sorry they are all taken no vacancy.
And i am not lying
the reason i made the orginal comment is because its people like you who are jeolus and to afraid to get int he market and are always hoping it will crash and never does and that pisses them off
Anyway good luck
@@Relaxlifeisshort2 Thanks for the offer. I was taught not to take candies from strangers. Specially the old ones lol
@@Relaxlifeisshort2 LOL! you realize it's impossible to maintain this price if people aren't entering the market, right? Better take profit while you can, economics clearly isn't your strong suit.
How does the recession affect the recovery? Per capita GDP is declining and unemployment is rising. What if the cut is too early and stagflation continues?
Unemployment is rising because too many immigrants are being taken into Canada. The real unemployment is at a 50 year low in Canada like in America. Canada is looking at a wage price spiral and runaway inflation due to cutting the Bank of Canada rate when it should be increased. Wages increases coming in at 5.1 percent and that figure will only rise.
Prices are soft because of the new capital gains tax that starts June 25th. Prices will rise after June 25. It's that simple.
Ofcourse it won't. All these over priced condos and homes won't sell.
People Don't Buy = Let See How Market Without Us = BURST BURST BURST 200% Deal
As a landlord i agree with your advice, we need more renters to keep rents as high as possible
What do you honestly think it will be next year in June?
Do you think it will get down to 3 %?
@@firewoodlakeat 10 to 15% as people are leaving the country for a better one. Canada is dead.
CondoWrong😂
Of course not. The real estate market is dead.
Poor condo wong with all his useless condo and 1200 a month HOA fee lmao
Misleading.
Listening is ok but believing this joker is criminal.
do you ever stop talking ? and misleading people.