Housing sentiment slumps as rate cut hopes fade

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  • เผยแพร่เมื่อ 2 พ.ค. 2024
  • John Pasalis, President of Realosophy Realty talks with Financial Post's Larysa Harapyn about how the housing market is going to stay sluggish this year, and a rapid increase in home prices is unlikely anytime soon.

ความคิดเห็น • 29

  • @alasdekarton
    @alasdekarton 21 วันที่ผ่านมา +12

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    • @ZoltanKen
      @ZoltanKen 21 วันที่ผ่านมา +2

      People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.

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      @RaghuvirMohanta 21 วันที่ผ่านมา +1

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      @quantarrow 21 วันที่ผ่านมา

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  • @jeffotoole4509
    @jeffotoole4509 21 วันที่ผ่านมา +10

    The Ponzi house market in Canada is alive and well. People are still obsessed with house wealth. What else would explain people signing up for condos that from the get go are 20% more expensive than current stock and if rented will be $1000-$2000 cash negative. Absolutely stupid

    • @fool9111z
      @fool9111z 21 วันที่ผ่านมา +2

      it is stupid until the central bank joins the scheme and doesn’t have the balls to pull the plug.

  • @RC-fh2lk
    @RC-fh2lk 21 วันที่ผ่านมา +1

    No problem….I’m not selling for 5 years

  • @christopherbuckley7544
    @christopherbuckley7544 21 วันที่ผ่านมา

    Seven Word: Rate Cuts. False Hopes. Deal with it!

  • @johnnyboyvan
    @johnnyboyvan 21 วันที่ผ่านมา +3

    No cuts!! Prices will skyrocket again. Lots of buyers out there.

    • @ronl1633
      @ronl1633 21 วันที่ผ่านมา

      Canadians maxed out no money just debt and banks are not giving away mortgages like they once did. Rates may hold for rest of 2024.

    • @Iliinois18
      @Iliinois18 21 วันที่ผ่านมา +2

      30 year amortization, keep the ponzi going!

  • @grizzlegreezz9696
    @grizzlegreezz9696 21 วันที่ผ่านมา +2

    Yeah, canada has a real estate problem.

  • @davidhughes6048
    @davidhughes6048 21 วันที่ผ่านมา

    Financial Post: Can you please get some new stock photos? Those British terrace house photos are getting stale.