first one back in the new year let's do |
2.799 |
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david says three days but happy new year |
4.721 |
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association says home prices were up 2.5 |
7.759 |
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month over month nationally 26.6 |
4.56 |
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hourly wages as per stats canada 2.7 |
5.52 |
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120 000 sales which is the most in |
4.159 |
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on twitter they were even on six buzz |
4.88 |
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the first one 18 months no upgrades in |
5.2 |
Jump to 124.24 |
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794 thousand dollars 18 months later |
8.28 |
Jump to 133.16 |
MONEY
794 thousand dollars
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1.6 uh and no upgrades and |
5.201 |
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let's look at the next one i mean it |
3.36 |
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next one we have uh a a nice double uh |
5.76 |
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605 in |
4.0 |
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1.2 |
3.761 |
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one let's just uh go through these seven |
3.84 |
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hundred thousand dollars again in |
4.72 |
Jump to 158.72 |
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kitchener 18 months later um |
4.88 |
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semi's at 1.5 million not even semi's |
5.761 |
Jump to 185.519 |
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town homes parole houses 5 million row |
6.08 |
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value in two years it's not normal uh |
5.44 |
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prices to go up 40 per year |
5.44 |
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yeah that one in particular was uh i |
4.0 |
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think there was 200 plus people through |
4.081 |
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uncommon to have 100 people coming |
3.52 |
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if we look at uh 2021 and in greater |
4.401 |
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sales for 2021. |
5.121 |
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um so that surpassed the 2015 bull |
5.439 |
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uh so we started 2022 with record low |
4.16 |
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100 200 people showing up and you know |
5.359 |
Jump to 343.12 |
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10 15 20 offers and in that case that |
4.32 |
Jump to 346.0 |
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video you showed i think there's 40 plus |
2.801 |
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competing with 15 other people uh so i |
4.08 |
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over the last you know 18 to 24 months |
3.52 |
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you know three months ago they're in the |
3.44 |
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so fast so quick over the last three to |
3.68 |
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four months that all of a sudden they're |
3.761 |
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the people that had you know 1.5 billion |
5.199 |
Jump to 460.0 |
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yeah a hundred percent we're starting to |
3.441 |
Jump to 479.919 |
PERCENT
a hundred percent
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at 1.5 you can actually still get a |
3.76 |
Jump to 483.36 |
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under a million i mean that has has |
5.04 |
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than 20 down so buyers whose budget is |
5.04 |
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is below 1 million |
3.521 |
Jump to 504.479 |
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want like a three-bedroom family home |
3.039 |
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now you mentioned that 20 down payment |
4.159 |
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from a million i believe it was 1.2 |
3.839 |
Jump to 527.12 |
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million it could be wrong but anyway |
4.72 |
Jump to 529.36 |
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now because a million dollars isn't |
4.4 |
Jump to 535.68 |
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another 10 or 15 or 20 percent price |
5.12 |
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or is that just not i mean the first |
4.72 |
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yeah the first few thousand who are the |
5.92 |
Jump to 590.24 |
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first ones to get in and can benefit |
4.64 |
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from that but within six months that's |
3.28 |
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|
million is now one one and a quarter |
5.04 |
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faster so within six months any benefit |
4.4 |
Jump to 610.64 |
|
|
houses three four months ago are now |
3.6 |
Jump to 681.76 |
DATE
three four months ago
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year literally last november for 1.2 |
6.48 |
Jump to 709.12 |
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now going for 1.6 |
3.919 |
Jump to 715.6 |
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today he would not qualify for 1.6 so |
4.641 |
Jump to 719.519 |
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thankfully he got in last year at 1.2 |
3.359 |
Jump to 722.16 |
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down from 1.6 back down to that 1.2 |
6.081 |
Jump to 732.639 |
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so it's a tricky one right i mean i |
3.841 |
Jump to 742.639 |
|
|
go up another 15 before before it |
7.079 |
Jump to 750.88 |
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an announcement of uh 74 affordable |
4.64 |
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again another one of these pledges as |
3.92 |
Jump to 778.88 |
|
|
a thousand more five thousand dollars |
2.64 |
Jump to 828.639 |
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|
one of the things that we i know |
3.281 |
Jump to 860.639 |
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actually you know what let me first ask |
3.36 |
Jump to 862.0 |
|
|
money and borrow a million dollar |
3.6 |
Jump to 914.72 |
|
|
mortgage two and a half percent with |
4.319 |
Jump to 916.32 |
DATE
two and a half percent
|
|
inflation you know getting close to five |
4.319 |
Jump to 918.32 |
|
|
rates go north of 3 |
4.0 |
Jump to 937.04 |
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|
okay the market's looking at about a 73 |
4.961 |
Jump to 944.399 |
|
|
percent chance of a rate the first hike |
5.359 |
Jump to 947.04 |
|
|
first 25 basis point or whatever |
5.041 |
Jump to 952.399 |
|
|
let's say 25 basis point hike will |
3.68 |
Jump to 955.44 |
|
|
is a 70 chance right so |
4.08 |
Jump to 971.759 |
|
|
of the middle quarters of 2022 |
5.12 |
Jump to 982.32 |
DATE
the middle quarters of 2022
|
|
it uh i don't think that 25 basis points |
4.241 |
Jump to 1017.759 |
|
|
50 75 basis points if you get that fixed |
5.36 |
Jump to 1024.64 |
|
|
rate up to again sort of three percent |
3.36 |
Jump to 1027.52 |
|
|
usually last for i think three to four |
3.039 |
Jump to 1040.0 |
|
|
i agree 100 i mean uh you know |
4.321 |
Jump to 1061.919 |
|
|
25 basis points isn't gonna change |
3.681 |
Jump to 1064.559 |
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|
very different market in the second half |
3.681 |
Jump to 1073.679 |
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|
family of four your opinion a response |
4.399 |
Jump to 1113.52 |
|
|
the gta the first quarter of the year is |
6.16 |
Jump to 1132.48 |
DATE
the first quarter of the year
|
|
and you end up with like 30 40 offers on |
4.88 |
Jump to 1149.679 |
|
|
about 30 40 offers now usually what |
4.16 |
Jump to 1157.44 |
|
|
market you know 10 15 000 buyers get out |
5.36 |
Jump to 1161.6 |
|
|
william uh tells me he's 78 years old he |
4.96 |
Jump to 1188.48 |
|
|
he was paying 20 |
4.88 |
Jump to 1193.44 |
|
|
new or first-time buyers do not worry |
3.36 |
Jump to 1202.0 |
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yeah i mean it's a tough one to sort of |
4.0 |
Jump to 1239.919 |
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|
you know 30-second blurb here but i |
3.361 |
Jump to 1243.919 |
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|
it's a tough one i think the biggest |
3.519 |
Jump to 1264.4 |
|
|
falling rates for the last 25 30 years |
6.241 |
Jump to 1284.159 |
DATE
the last 25 30 years
|
|
be the one argument argument to support |
5.519 |
Jump to 1319.52 |
|
|
even in the first quarter of the year |
3.679 |
Jump to 1420.24 |
DATE
the first quarter of the year
|
|
the next one this one comes from ifosa i |
5.841 |
Jump to 1443.679 |
|
|
means telling first-time home buyers |
4.56 |
Jump to 1467.52 |
|
|
ever so slightly for first-time home |
2.88 |
Jump to 1534.64 |
|
|
mentioned that uh 50 or more um of your |
5.44 |
Jump to 1573.76 |
|
|
one to two like two years are demand |
4.321 |
Jump to 1595.919 |
|
|
including first-time buyers and repeat |
3.92 |
Jump to 1614.32 |
|
|
only about 25 percent of buyers but you |
4.0 |
Jump to 1619.76 |
PERCENT
only about 25 percent
|
|
market a bubble in 2016 and 2017 |
4.88 |
Jump to 1631.039 |
|
|
aggregate level only about 25 percent of |
4.081 |
Jump to 1635.919 |
PERCENT
only about 25 percent
|
|
you're saying like one of the big trends |
3.76 |
Jump to 1654.24 |
|
|
know two kids or three kids or whatever |
3.76 |
Jump to 1675.919 |
|
|
i want to go out and buy a one-bedroom |
4.72 |
Jump to 1682.64 |
|
|
15 20 years when they're grown up and so |
4.959 |
Jump to 1690.32 |
|
|
kids in 15 years so that's a lot of the |
4.959 |
Jump to 1700.08 |
|
|
yeah i agree 100 percent i mean |
4.24 |
Jump to 1712.96 |
|
|
you know buy a second property or have |
3.44 |
Jump to 1746.88 |
|
|
market so whether you have three |
4.721 |
Jump to 1771.919 |
|
|
properties or or one investment property |
4.24 |
Jump to 1773.84 |
|
|
think do we need these policies five |
3.36 |
Jump to 1789.76 |
|
|
okay that's another one in the bag |
5.92 |
Jump to 1798.72 |
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