Weekly Market Update Oct.15/21

The charts are some how wrong...... Its October right now (not April)

Jared

That chart is WAY off. SFH prices are down on the week.

Hey Guys,
Really sorry about that. Looks like the images were overwritten with old ones somehow. They've now been updated.

I liked the look of the previous chart. The actual one is much more subdued.

We are off the charts, literally! I know a number of people from Ontario buying Edmonton and Calgary condos as investments, as they're SOOO cheap compared to the GTA. We're finally on the radar of investors, so we should have a large jump in 2022 with low interest rates, and money pouring in.

Leftie mayor.
Open your wallets folks. Property taxes are about to skyrocket once again.

GM: They're WAY too low as they are. Property tax rates in the long term are inflation plus population growth. That's around 6% annually in Edmonton, so that's what they should be most years.

GM: Yes, gasoline is too low considering the externalities of climate change, and like most people, I support a MUCH higher carbon tax (it needs to be more than the $170 per tonne planned). But that's because I have a Tesla lol. I could see $2.50 or so a litre at least when the $170 carbon tax comes in.

Tom, I guess you think gasoline, electricity and food prices are too low too.