Some news outlets reporting that presales are slowing down (absorbtion rate low, cancelled projects) but then this MLA newsletter says otherwise: https://mlacanada.com/newsfeed/june-2022-pre-sale-pulse - over 30% sales rate is still technically a "sellers' market", no? Perhaps vancouver &...

I guess the big question is are the rates going even higher in July announcement..

So these over leveraged people.. will they list at mass to avoid foreclosure after their 3~5 year term expires? From what I know, even on variable, it's not like the monthly payments just spike up immediately - the % of principle paid off per payment reduces as more goes towards interest. 4...

Also curious to follow this topic.. If construction costs are up & labour fees up, and less units released over the next two years, is it OK time to buy with current interest rates? Will rates come down again by the time completion comes.. is the big quesiton? If irates come down again could...

Looking at the price dips across the two major centres. These Toronto realtors are showing huge dips in showings.. Tweet by a well known realtor, she seems to be not "buy buy buy always good time" unlike like others - And then this Vancouver realtor showing 25%+ sales ratios of...