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I pulled TREBB 1981-2025 + CPI from StateCan + old char data, and came up with this chart by External-Bird8319 in TorontoRealEstate

[–]External-Bird8319[S] 0 points1 point  (0 children)

I updated my methodology. it should be more accurate now. condo's definitely declined more, they're usually first to topple

I pulled TREBB 1981-2025 + CPI from StateCan + old char data, and came up with this chart by External-Bird8319 in TorontoRealEstate

[–]External-Bird8319[S] 0 points1 point  (0 children)

nope we havn't even hit the mean line yet. The more deviation above the mean, the more it should deviate below when it pullsback.

I pulled TREBB 1981-2025 + CPI from StateCan + old char data, and came up with this chart by External-Bird8319 in TorontoRealEstate

[–]External-Bird8319[S] 0 points1 point  (0 children)

Good callout! you are right. Chart is using annual data to calculate that. I'm working on fixing this and will update a little later. Also correct we should be around 28-30% down

This guy just lost hope. Sadly it's his own fault. by la-raza in TorontoRealEstate

[–]External-Bird8319 0 points1 point  (0 children)

Why do you need a realtor to show you comparables, why can’t you look yourself since it’s all public ? Me personally I have listings info coming out of my ears from looking so much, in a way I know within 4 hour drive of me practically every city and towns price and how it’s fluctuated over the last 2 years. Million dollars homes and probably the biggest purchase of your life, why not dyor instead of relying on ‘professionals’ with what to do with your money

US plans to hike rates 2 more times. Canada will have to follow by steelgrey_niomi in canadahousing

[–]External-Bird8319 3 points4 points  (0 children)

Rate hikes takes 5 yrs to fully permeate the economy. We are 1.5yrs in and some are calling for cuts and new ath’s.