Weekly Market Update, May 31/19

I am no longer in the market for real estate but I check this blog every week just to read Tony's comments. I would love to know what kind of Kool Aid he drinks.

A typo Sara. I think house price average should read 429 and not 249. 249 will be in 6 months from now.

Can't believe Tony didn't notice that not to mention that I cannot, for the life of me, remember when SFH prices having an average running price of 900,000.00

Look's like falling interest rates are pushing up home prices in the search for yield. We remember resale apartments and resale townhouses cost double what they cost today way back in the spring of 2007. America will likely bring in zero or negative interest rates before helicopter money.

I give out financial advice everywhere, youtube and blogs like Zero Hedge and Wolfstreet. Just look for the The Real Tony and parkerbohnn on youtube. I'm Tony on the greaterfool.ca, parkerbohnn on youtube and The Real Tony everywhere else. I was Tony on misc.invest.stocks on usenet. The guy on the money gps would be nowhere without me.

Wonder if we'll hit new all time highs this summer for SFH's.

Probably early next year after the two rates cuts by the U.S. Fed and the two rates cuts from the Bank of Canada. Rates cuts in America are slated for this September and this December.