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Old 10-24-2022, 10:37 AM   #1710
blankall
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Quote:
Originally Posted by Jason14h View Post
And here we go. Final shoe to drop

https://www.theglobeandmail.com/busi...ices-drop-for/

https://www.bloomberg.com/news/artic...-on-rate-hikes

US housing data also showing same trend

Hold on it going to be a bumpy ride - but will be interesting to see what Calgary does as we have had the least dramatic price increase historically and have macro factors - oil prices - that should somewhat support price levels and increasing rates
Living in Vancouver, 10-20% corrections are par for the course. They seem to occur ever 2-3 years. Wouldn't consider it a "bumpy ride" at all.
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