I love the sharp move upwards. Hopefully we can crack $500,000 average for a detached SFD in the next 12 months.Posted by Tom on Thursday, June 3rd, 2021 at 8:38pm
Thanks for sharing this with us. Could you observe in the data if the jump in the listings is due to SFs or condos? They have behaved very differently over the past few months, so I am curious if either type is behind the jump.
Why are listings skyrocketing all of a sudden?Posted by GM on Thursday, June 3rd, 2021 at 11:47pm
Who could’ve predicted this?!?Posted by T-Rev on Friday, June 4th, 2021 at 1:27am
Gas Price is at $1.33 regular and trend up here in GTA. So does that mean a reverse in Alberta Economy?
I guess most people want to sell before it goes down again. It's always Greed and Fear. However, I believe owning a property is the wise choice in the world we are in. Inflation is going to be out of control if not already.
Owning a property is a wise choice... unless your government confiscates it according to Agenda 2030.
It used to be the price of oil had to jump above 80 dollars a barrel U.S. to affect housing prices in Edmonton. Unfortunately with the rise in the Canadian dollar 80 will now become 90 or higher to affect home prices in Edmonton. Trump used to cap the price of oil if it went too high (above 75 dollars). We'll have to see if Biden gets on the phone like Trump always did to squash the price of oil should it ever get to that level. Remember everything is rigged and America and the world can't withstand high oil and natural gas prices. Supply and demand will likely mean nothing as everything is rigged to the nth degree today.Posted by Tony on Saturday, June 5th, 2021 at 11:11pm
Agenda 2030! LOL
Who can guess we may be at par with USD.
GM: you are exactly right!! This will happen and well before 2030 as the "elite" are scheduled to meet in September. Sadly, many like Jason will be shocked and saddened when it hits.Posted by Rick on Thursday, June 10th, 2021 at 11:17pm