Posted by rollerblader on 21st of Jun 2022 at 02:25 pm
$408k is a deal. In the suburbs outside Toronto Canada price
jumped from $770k 2 yrs ago to $1.3 - 1.5 million. Some have
dropped a few hundred thousand with rates up but still very
unaffordable for a first time buyer. The 2008 U.S. housing crash
will be hitting us in Canada soon.
The Canadian market never really got a true "Cleansing" in
decades .... we got "spared" in 08 ... we are long overdue
for a real one now .... it's got to be the most irrational RE
market worldwide ... lol ... thanks to money laundering that
kept a bid in some market like Vancouver ;)
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$408k is a deal. In
Charlie Bilello
Posted by rollerblader on 21st of Jun 2022 at 02:25 pm
$408k is a deal. In the suburbs outside Toronto Canada price jumped from $770k 2 yrs ago to $1.3 - 1.5 million. Some have dropped a few hundred thousand with rates up but still very unaffordable for a first time buyer. The 2008 U.S. housing crash will be hitting us in Canada soon.
The Canadian market never really
Posted by mla127 on 21st of Jun 2022 at 02:37 pm
The Canadian market never really got a true "Cleansing" in decades .... we got "spared" in 08 ... we are long overdue for a real one now .... it's got to be the most irrational RE market worldwide ... lol ... thanks to money laundering that kept a bid in some market like Vancouver ;)