Posted: May 16, 2022 9:27 AM ET | Last Updated: 41 minutes ago A home for sale in Toronto. After peaking at more than $816,000 in February 2022, the average selling price of a Canadian home has fallen for two months in a row.
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They go up 100% and fall 6% this is fine….
6% in one month (April) after 25bps rise in March and only 50bps raise middle month by the BoC. Market is expecting 3x now with inflation entrenched due to policy mistake and lateness of BoC. Your deposit just got taxed and you may owe on your home soon.
We all heard how the high cost of housing was Trudeau’s fault … now that it’s down … Fuck Trudeau🤨
Needs to drop another 20-30.