Editor's Edition: Real estate market 'is nuts'

Editor's Edition: Real estate market 'is nuts'
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#RealEstate #Housing
There just aren’t enough homes to buy in and surrounding Toronto and Vancouver these days. When something does hit the market, as many as 50 buyers swoop in to compete for it which pushes prices through the roof. We’ve been getting monthly updates from the ground floor from Realosophy Realty’s John Pasalis and Oakwyn Realty’s Steve Saretsky, who help make sense of it all, with advice for anyone buying or selling a home. Also See: The latest real estate news for housing prices, mortgage rates, markets, luxury properties and more at Yahoo Finance Canada. They told us where they think Greater Toronto Area and Vancouver housing markets seem to be headed in the coming year. They also answered your questions about timing the market, interest rates, and government policies that could cool the market. If you have questions, email them to jessybains@yahoofinance.com and John or Steve will answer them on the next episode. Jessy Bains is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jessysbains.

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21 Comments

  1. This is intended result of what Canadians authorities want, Ponzi housing fueled by cheap credit. 'Wealth effect' for those that already have, huge profits for speculators, and pain for everyone else.

  2. < TA is all well and good but I find it truly baffling that all major crypto youtubers just look at pure TA and completely ignore the bigger narrative of why BTC is pumping and why the future outlook might not be as rosy as it seems. It's kinda irresponsible to ignore the fact that each ETF launch so far has caused a major dump at the peaks of BTC. More emphasis should be put into day tradiing as it is less affected by the unpredictable nature of the market. I have made over 11 btc from day tradng with David Mayor, insights and signals in less than 2 weeks, this is one of the best medium to backup your assets incase it goes bearish.

  3. Does Canada 🍁 know they don’t have an Obama to bail them out …. USA will find another Obama next election 🗳::)))) don’t follow us guys. We sthoooopid :))) smh

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