Weekly Market Update, April 6/18

It's snowing in Toronto as well, though the snow won't stay in the ground for too long.

Sunny now :)

I checked this blog looking for some insightful comments regarding the Weekly Market Update and all I am seeing is the "old man" talk about weather.... l guess since the numbers speak for themselves, even Tom is silent.

It's interesting; I figured that condos would be more resilient than SFH because the marginal SFH folks would have to retreat to condos, but that sure doesn't look like that's the case. Or maybe a few expensive properties are distorting the SFH mean, I don't know...

Global warming could be a joke.

Global warming could be a joke, same as many other things.

Condos in the long run will lose money in every city in Canada especially in Edmonton. The rule of real estate will always be condos lose money.

Is that in the same bucket as the rule that stipulates you shouldn't swim for an hour after eating or you will drown?

Sometimes you have to slow down and smell the roses.

Investment is just a small part of life, enjoy it while you still can.

'old man' eh, yes I'm

Land will always have more value, so houses will always perform better than condos. And we're seeing that now, with houses at the highest level they've been at in years for this time of year. And condos dropping off a cliff.