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 8:14pm
Can we make it to $500,000 before Trudeau kills everything?Posted by GM on Thursday, April 15th, 2021 at 8:41pm
Low-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 11:33pm
Re: 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 11:34pm
On 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 11:36pm
Hopefully the low interest rate will help pay for the national debt.Posted by Sharon on Thursday, April 15th, 2021 at 11:37pm
The 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 12:51am
Link?Posted by Karlhungus on Friday, April 16th, 2021 at 4:45am
Here's the link: https://www.ft.com/content/3d7704d3-a312-4294-95bc-90233f469ccdPosted by Tom on Friday, April 16th, 2021 at 5:04am
Fantastic! 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 7:42am
The national debt will never be paid off. Ever.
One 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 1:32am
I just read that a house in Toronto went for $800,000 over the asking price.Posted by GM on Monday, April 19th, 2021 at 4:53am
https://toronto.ctvnews.ca/this-tiny-toronto-house-just-sold-for-800k-over-asking-1.5072243Posted by GM on Monday, April 19th, 2021 at 4:55am
Oh, sorry... that was from Aug 2020.
I guess that house is worth $3 million now.