Will BoC delay an interest rate hike in early Q1 due to these new lockdowns? Most of us thought we would see an interest rate hike soon, until this new lockdown
Omicron lockdown is here what are the predictions for spring 2022 RE market?
- Last Updated:
- Jan 4th, 2022 3:19 pm
Tags:
- SCORE0
- FedExpress
- Sr. Member
- Sep 11, 2017
- 548 posts
- 404 upvotes
- DisneyKruze
- Deal Addict
- Jun 15, 2015
- 1176 posts
- 1476 upvotes
- Vaughan, ON
To da moon by Spring 2022....unless we witness a stock market crash. If this crash happens, all bets are off including any interest rate hike. Meanwhile, buy cryptos
- lechan
- Sr. Member
- Jul 18, 2020
- 753 posts
- 1218 upvotes
Crypto is like the past, the new gimmic is to invest into NFT.DisneyKruze wrote: ↑ To da moon by Spring 2022....unless we witness a stock market crash. If this crash happens, all bets are off including any interest rate hike. Meanwhile, buy cryptos
- gtx1050
- Jr. Member
- Aug 4, 2017
- 125 posts
- 104 upvotes
Durham will pass Rosedale this year.
- RichmondCA
- Deal Addict
- Mar 2, 2017
- 3839 posts
- 7802 upvotes
- Toronto/Markham
This is definitely one very probable train of thought I can get behind. I am sitting on 3 listings that keep getting deferred by the sellers because they can't find a place.licenced wrote: ↑ I have nothing to back this except my intuition, I think come February people in general will say to heck with it and we'll see a significant increase in listings over last year.
All of the regions of Peel, Halton, Niagara, Hamilton, Durham and York will continue to out perform Toronto, but prices by mid March will flatten.
I can't be the only one, I can see people just saying f it, and get on with it.
I don't know what the impact will be to prices, but I do hope for more inventory soon.
RE Broker
- RichmondCA
- Deal Addict
- Mar 2, 2017
- 3839 posts
- 7802 upvotes
- Toronto/Markham
- Unknownname
- Sr. Member
- Jan 27, 2018
- 534 posts
- 523 upvotes
- DisneyKruze
- Deal Addict
- Jun 15, 2015
- 1176 posts
- 1476 upvotes
- Vaughan, ON
- licenced
- Deal Fanatic
- Jul 3, 2011
- 6517 posts
- 3798 upvotes
- Thornhill
You're definitely not the only one. This I mentioned this last summer when I gleaned the same from speaking with agents on listings my clients were pursuing, you can also see that borne out with listing requesting a set closing date. - that used to be a bargaining chip for buyers, not anymore. I've already started telling some clients to just stay put as it's way too risky now buying uninspected, unconditonal, old or DIY projects for insane amounts that we'll see starting to manifest in lawsuits by this year.RichmondCA wrote: ↑ This is definitely one very probable train of thought I can get behind. I am sitting on 3 listings that keep getting deferred by the sellers because they can't find a place.
I can't be the only one, I can see people just saying f it, and get on with it.
I don't know what the impact will be to prices, but I do hope for more inventory soon.
It's so bad that my clients are immediately jumping on forwarded listings to review their potential.
If by chance history repeats itself the rapid rise that was seen in 2016 was dismantled 6 months later. So we'll see.
- Newuserid
- Deal Addict
- Jan 5, 2020
- 1067 posts
- 1532 upvotes
If these lockdowns don't end and keep happening, inflation will go out of control. I expect prices of everything to go up.
Thread Information
There is currently 1 user viewing this thread. (0 members and 1 guest)