I have never seen a Sales/New Listings ratio of 115%.
What is bringing down the average price for a SFH to 415K?
What does this mean.
I wish the Chinese would start buying in Edmonton and price us all out of the housing market here too.
23 percent dreamers as the Chinese have priced out virtually everyone out of the housing market in Canada a long time ago.Posted by Tony on Saturday, December 26th, 2020 at 6:26am
The Chinese only buy highest and only buy when something starts to skyrocket in price whether it be real estate or anything else.Posted by Tony on Monday, December 28th, 2020 at 4:55am
GM: Why on earth would you ever want that? That would be awful for young people. They would all move away.Posted by Tom on Wednesday, December 30th, 2020 at 1:53am
You sound pretty angry. Are you one of those people who paid too much a few years ago and are now taking a bath?
Found someone who bought at the bottom and sold at the top. The last buyer is going to take a bath and has had the place for more than the last 13 years.
Found someone who bought at the bottom and sold at the top
1496 Lakewood Road West NW
Year Built 1978
Zoning Low Rise Apartment Zone (RA7)
Apr 17, 2007 $189,900
May 14, 1997 $35,340
Today its presently listed for $99,900
Someone that paid way too much three years ago.
274 3307 116a Avenue NW
Sep 14, 2017 $223,000
May 16, 2007 $209,000
Oct 04, 2003 $89,400
Presently listed with Liv Real Estate at $124,900 barely 3 years later.
I'm not sure where you're getting your stats from, but they are incorrect.