Daniel Foch
Region: CA
Thursday 18 August 2022 12:05:38 GMT
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Jake’s_Cousin :
My favourite statement. “I’m not the big 6 bank economist” 🥰
2022-08-18 12:12:38
12
alex :
where did you find this consolidated graph? interesting to see the forecasts compared
2022-08-18 14:48:21
4
Bryan :
You’re a big 6 bank economist to me dammit!
2022-08-18 13:22:04
3
HappyRenz :
I love all these posts man, keep ‘em comin’!
2022-08-18 12:38:34
2
Jake :
I believe you are correct. Although having lived through 2 big housing downturns my low is $300K. Bidding wars drove up prices for no good reason.
2022-08-18 13:14:54
2
Gabe Battista - Toronto 🏡🏢 :
I guess you’ll have to open up the big seventh bank soon
2022-08-18 14:20:22
2
newlifeforme06 :
Bottom will be 2024 when lots of refinances come in but I know nothing
2022-08-20 21:10:22
2
rymonte :
prob a pandemic roundtrip
2022-08-18 14:31:36
1
J Paper :
I think you're right about it taking longer. the forecast is that inflation won't start to bottom out until about the same time so I can see why
2022-08-18 14:48:59
1
Michael Yaworski :
Bro include the axis
2022-08-18 23:17:25
1
Thea 🇨🇦 :
Are these in 50k increments making the peak just under $800k?
2022-08-18 16:15:51
1
Alotaco 🇨🇦 :
Can’t see the number on the left! What is the peak price vs the bottom $650k you mentioned
2022-08-18 14:39:29
1
OldConk :
Thanks for the info. It will all come down to how committed the BOC is to fighting inflation. To be effective interest rates need to be above....
2022-08-18 20:01:09
0
Conservative Liberal-🇨🇦 :
not that big of a dip. It’s just saying all those pandemic gains are lost. That’s all. if you can’t afford 2020 prices, you still can’t afford a home
2022-08-18 20:45:27
0
user.2i29 :
thanks for the info
2022-08-18 15:40:51
0
Jag :
Vancouver realtor here. August has sales up 10% month/month and listings down to below average 10 year low. Also 3-6 days on the market and multiples
2022-08-19 01:27:46
0
Lux Halo :
I wanna sell and move out of country… fingers crossed for CMHC predictions 🤞🏼
2022-08-19 01:51:47
0
Chesley :
what did the big banks predict for 2021 - 2022?
2022-08-19 06:02:40
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Jethro :
The bottom won’t come until 2025/26. Then we’ll see a real issue. The boomers aren’t going to be too happy.
2022-08-20 11:32:12
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Dyl :
Id take the average of all those. It would create a downward trend for the next couple years.
2022-08-18 14:48:56
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benzcooper :
Thanks for sharing! Can you link to the graphic?
2022-08-22 17:54:07
0
prob_not_famous :
only in some regions too. out migration of large cities isn't captured well in their reports.
2022-08-28 07:38:43
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𝒕𝒉𝒆 𝒍𝒐𝒏𝒆 𝒂𝒓𝒕𝒊𝒔𝒕 → :
😂😂😂
2022-08-28 23:46:08
0
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