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Have a great weekend!
Posted by Liv Real Estate
on
787 sales in Calgary in a week, crazy, Edmonton has moved up a inch, it is slow growth here.
Posted by Renu Bhattacharya on Thursday, April 15th, 2021 at 8:14pmCan we make it to $500,000 before Trudeau kills everything?
Posted by GM on Thursday, April 15th, 2021 at 8:41pmLow-interest rate is the factor of the price increase. Buy a house is cheaper than rent now.
Posted by Sharon on Thursday, April 15th, 2021 at 11:33pmRe: The low end of the Canadian market and the high end of the Canadian market (over a million) should take a hit after the end of May this year.
Posted by Tony on Thursday, April 15th, 2021 at 11:34pmOn of the longest bear markets in history non-inflation adjusted is finally over. It lasted about exactly 14 years.
Posted by Tony on Thursday, April 15th, 2021 at 11:36pmHopefully the low interest rate will help pay for the national debt.
Posted by Sharon on Thursday, April 15th, 2021 at 11:37pmThe US federal reserve is now saying 2024 is the earliest rates will rise. I anticipate that the Bank of Canada will align pretty closely with this timeline.
Posted by Tom on Friday, April 16th, 2021 at 12:51amLink?
Posted by Karlhungus on Friday, April 16th, 2021 at 4:45amHere's the link: https://www.ft.com/content/3d7704d3-a312-4294-95bc-90233f469ccd
Posted by Tom on Friday, April 16th, 2021 at 5:04amFantastic! I think later this year we'll be well over $500k for an average SFD. Plus we still have a lot of room before we catch up to some other Canadian cities.
Posted by Tom on Friday, April 16th, 2021 at 7:42amSharon,
Posted by GM on Saturday, April 17th, 2021 at 7:44amThe national debt will never be paid off. Ever.
Budget:
Posted by Tony on Sunday, April 18th, 2021 at 10:39pmOne percent tax on foreign buyers of our local homes, nothing said about the stress test moving from 4.79 to 5.25 yet. No changes to capital gains tax, no wealth tax yet, no changes to the capital gains tax yet. Cars over $100 grand Canadian hit with a luxury tax. Nothing is stated whether that is the base price or the "all in" price. Talk about raising the minimum wage to $15 a hour which will put hundreds of thousands of present day workers out of a job in Canada at the worst possible time.
The one percent tax on foreign buyers' is an empty home/homes tax.
Posted by Tony on Monday, April 19th, 2021 at 12:43am$15 minimum wage only applies to federal workers. Minimum wage for all citizens is a provincial matter.
Posted by Karl hungus on Monday, April 19th, 2021 at 1:32amI just read that a house in Toronto went for $800,000 over the asking price.
Posted by GM on Monday, April 19th, 2021 at 4:53amhttps://toronto.ctvnews.ca/this-tiny-toronto-house-just-sold-for-800k-over-asking-1.5072243
Posted by GM on Monday, April 19th, 2021 at 4:55amOh, sorry... that was from Aug 2020.
Posted by GM on Monday, April 19th, 2021 at 8:36pmI guess that house is worth $3 million now.
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