| increasing over 60 percent compared with | 4.48 | Jump to 87.84 |  |  | 
              
                
                  | steve i'll let you answer this one since | 3.6 | Jump to 99.28 |  |  | 
              
                
                  | um i think as it's been over the last 12 | 4.4 | Jump to 116.24 |  |  | 
              
                
                  | to 18 months they've been able to do | 3.839 | Jump to 118.88 |  |  | 
              
                
                  | looks like 12 months out from now | 6.32 | Jump to 147.52 |  |  | 
              
                
                  | next one comes to us from niraj niraj | 4.799 | Jump to 180.8 |  |  | 
              
                
                  | kind of give two main examples i mean | 3.92 | Jump to 261.04 |  |  | 
              
                
                  | the first is certainly | 4.72 | Jump to 263.199 |  |  | 
              
                
                  | growth by 40 you know we were growing | 5.439 | Jump to 286.32 |  |  | 
              
                
                  | over 350 000 people per year one of the | 5.44 | Jump to 288.4 |  |  | 
              
                
                  | half a million well if you can't build | 4.081 | Jump to 291.759 |  |  | 
              
                
                  | kind of just one example at the federal | 3.12 | Jump to 298.16 |  |  | 
              
                
                  | and it's really one of the reasons why | 4.399 | Jump to 340.08 |  |  | 
              
                
                  | know 100 grand less than what they would | 4.88 | Jump to 426.0 |  |  | 
              
                
                  | have sold for two months ago uh so right | 6.32 | Jump to 427.599 |  |  | 
              
                
                  | no one really kind of predicted that i | 3.199 | Jump to 441.28 |  |  | 
              
                
                  | certainly didn't but no one predicted | 3.12 | Jump to 442.96 |  |  | 
              
                
                  | five year market trades would be a four | 3.521 | Jump to 444.479 |  |  | 
              
                
                  | over the next six to nine months we're | 3.199 | Jump to 452.4 | 
                      
                        
                      
                        DATE
                      
                      
                        the next six to nine months
                      
                     |  | 
              
                
                  | 30 decline but certainly when they're | 4.639 | Jump to 459.28 |  |  | 
              
                
                  | when there were 15 and 20 offers on | 3.519 | Jump to 465.52 |  |  | 
              
                
                  | not going to see a 30 percent decline i | 3.681 | Jump to 470.479 |  |  | 
              
                
                  | mean if we did get that 30 decline we | 3.92 | Jump to 472.08 |  |  | 
              
                
                  | have we have first time buyers sort of | 3.36 | Jump to 474.16 |  |  | 
              
                
                  | um but 30 is just going to get us back | 4.321 | Jump to 478.639 |  |  | 
              
                
                  | unfortunate news uh for first time | 4.481 | Jump to 487.599 |  |  | 
              
                
                  | first-time buyers in this country uh | 4.799 | Jump to 492.08 |  |  | 
              
                
                  | know 100 125 000 less than what they | 4.641 | Jump to 539.519 |  |  | 
              
                
                  | would have paid you know six to eight | 3.839 | Jump to 542.56 |  |  | 
              
                
                  | 900 000 | 3.68 | Jump to 568.48 |  |  | 
              
                
                  | that were listed at like 799 going for | 5.2 | Jump to 572.16 |  |  | 
              
                
                  | complex and they're being listed at 7.99 | 4.4 | Jump to 579.2 |  |  | 
              
                
                  | with no offer dates and two weeks later | 3.28 | Jump to 581.76 |  |  | 
              
                
                  | going to sell for 780 785 so you know | 6.0 | Jump to 585.04 |  |  | 
              
                
                  | know basically four percent i think | 3.6 | Jump to 631.04 |  |  | 
              
                
                  | don't know if that's just five percent | 3.439 | Jump to 634.64 | 
                      
                        
                      
                        PERCENT
                      
                      
                        just five percent
                      
                     |  | 
              
                
                  | rates that have moved from about two and | 3.759 | Jump to 646.64 |  |  | 
              
                
                  | a half percent to four percent in like | 3.279 | Jump to 648.56 | 
                      
                        
                      
                        PERCENT
                      
                      
                        a half percent to four percent
                      
                     |  | 
              
                
                  | six or seven weeks i mean that's a | 3.44 | Jump to 650.399 |  |  | 
              
                
                  | 45 days and i've got a mortgage rate at | 5.12 | Jump to 667.12 |  |  | 
              
                
                  | 3.2 percent i got to use it in 45 days | 4.479 | Jump to 669.6 |  |  | 
              
                
                  | to be 4.2 percent | 4.561 | Jump to 674.079 |  |  | 
              
                
                  | to four percent in the fixed uh mortgage | 6.08 | Jump to 701.12 |  |  | 
              
                
                  | it's still about two obviously the | 2.8 | Jump to 744.32 |  |  | 
              
                
                  | rates tomorrow maybe 50 basis like your | 4.24 | Jump to 747.12 |  |  | 
              
                
                  | probably gonna get to two and a half | 3.039 | Jump to 751.36 |  |  | 
              
                
                  | into locking in five-year fixed rates at | 3.361 | Jump to 762.399 |  |  | 
              
                
                  | four percent | 2.96 | Jump to 764.48 |  |  | 
              
                
                  | rates are going up you know four percent | 3.92 | Jump to 773.68 |  |  | 
              
                
                  | turns into five percent turns into six | 3.44 | Jump to 776.0 |  |  | 
              
                
                  | way too high i mean eight rate hikes | 3.201 | Jump to 790.959 |  |  | 
              
                
                  | 50 basis points but uh we shall see it's | 5.12 | Jump to 808.48 |  |  | 
              
                
                  | rushing at four percent i mean i | 3.201 | Jump to 837.839 |  |  | 
              
                
                  | wouldn't be rushing it at four percent i | 3.6 | Jump to 839.12 |  |  | 
              
                
                  | at what you know 200 basis like two full | 4.0 | Jump to 846.399 |  |  | 
              
                
                  | four century's above that so you're kind | 3.52 | Jump to 848.72 |  |  | 
              
                
                  | four percent anytime soon anyways so | 4.56 | Jump to 856.399 |  |  | 
              
                
                  | 50 to 100 basis points over the next | 3.36 | Jump to 867.839 |  |  | 
              
                
                  | um you know if it's something like eight | 4.241 | Jump to 885.199 |  |  | 
              
                
                  | um okay let's move on this one comes to | 5.921 | Jump to 890.639 |  |  | 
              
                
                  | above the asking price so make it a 50 | 5.12 | Jump to 902.8 |  |  | 
              
                
                  | this eight you know the one buyer who | 3.281 | Jump to 977.839 |  |  | 
              
                
                  | uh the one part one | 4.32 | Jump to 1001.12 |  |  | 
              
                
                  | and you know it's like okay five million | 3.12 | Jump to 1009.519 |  |  | 
              
                
                  | have 30 minutes to decide you got to | 3.921 | Jump to 1025.679 |  |  | 
              
                
                  | an extra 5 or 10 grand at something if | 4.0 | Jump to 1031.12 |  |  | 
              
                
                  | ontario over the last like three four | 3.521 | Jump to 1044.079 | 
                      
                        
                      
                        DATE
                      
                      
                        the last like three four
                      
                     |  | 
              
                
                  | you know over the last 18 to 24 months | 3.519 | Jump to 1049.52 | 
                      
                        
                      
                        DATE
                      
                      
                        the last 18 to 24 months
                      
                     |  | 
              
                
                  | getting to four and we're starting to | 2.721 | Jump to 1053.039 |  |  | 
              
                
                  | luck with that strategy in two or three | 4.24 | Jump to 1062.799 |  |  | 
              
                
                  | um and this one's for john because this | 4.08 | Jump to 1092.0 |  |  | 
              
                
                  | single home is getting 15 offers um but | 4.799 | Jump to 1137.12 |  |  | 
              
                
                  | what what should come first it's like a | 3.281 | Jump to 1165.919 |  |  | 
              
                
                  | normally would sell first but that is | 4.879 | Jump to 1174.16 |  |  | 
              
                
                  | not the norm like 95 of people in | 5.36 | Jump to 1176.72 |  |  | 
              
                
                  | toronto would buy first and then sell uh | 5.681 | Jump to 1179.039 |  |  | 
              
                
                  | four weeks because the market could be | 3.76 | Jump to 1209.52 |  |  | 
              
                
                  | already in four weeks so | 3.84 | Jump to 1213.28 |  |  | 
              
                
                  | one to steve because i know he's talked | 3.76 | Jump to 1230.88 |  |  | 
              
                
                  | it's like still one of the most | 3.04 | Jump to 1295.2 |  |  | 
              
                
                  | than they were like you know eight or | 4.961 | Jump to 1299.919 |  |  | 
              
                
                  | nine or ten years ago so | 4.88 | Jump to 1302.0 | 
                      
                        
                      
                        DATE
                      
                      
                        nine or ten years ago
                      
                     |  | 
              
                
                  | i think i ultimately uh good four | 4.48 | Jump to 1304.88 |  |  | 
              
                
                  | double in three years | 4.4 | Jump to 1322.24 |  |  | 
              
                
                  | like a house goes from 500 to 485 like | 6.0 | Jump to 1340.64 |  |  | 
              
                
                  | this is the one that's coming up a lot | 3.279 | Jump to 1364.64 |  |  | 
              
                
                  | so i'm looking to buy a two-bedroom low | 4.64 | Jump to 1365.919 |  |  | 
              
                
                  | rise in langley and i'm calling it 800 | 4.921 | Jump to 1367.919 |  |  | 
              
                
                  | 000 completion being in | 4.881 | Jump to 1370.559 |  |  | 
              
                
                  | 2025. thanks in advance for all that you | 4.28 | Jump to 1372.84 |  |  | 
              
                
                  | project right like the first question | 3.199 | Jump to 1385.6 |  |  | 
              
                
                  | down 20 deposit i think that's way too | 3.76 | Jump to 1400.24 |  |  | 
              
                
                  | one raising the cmhc limit from a | 4.56 | Jump to 1458.96 |  |  | 
              
                
                  | million to 1.25 could have been a big | 6.88 | Jump to 1461.12 |  |  | 
              
                
                  | one um any sort of taxes on investors uh | 6.32 | Jump to 1463.52 |  |  | 
              
                
                  | bigger one you know not being able to | 3.68 | Jump to 1469.84 |  |  | 
              
                
                  | one that shared with a lot of people who | 2.88 | Jump to 1543.2 |  |  | 
              
                
                  | the government you know since what 2015. | 5.281 | Jump to 1550.559 |  |  | 
              
                
                  | since 2015 | 3.599 | Jump to 1576.96 |  |  | 
              
                
                  | how you know seven years so anyways i | 4.48 | Jump to 1589.84 |  |  | 
              
                
                  | run down vancouver home which is four | 4.0 | Jump to 1666.24 |  |  | 
              
                
                  | point something million dollars today | 3.439 | Jump to 1668.24 |  |  | 
              
                
                  | 100 i mean and i think even if the | 4.08 | Jump to 1735.12 |  |  | 
              
                
                  | that i'm skeptical one person can fix | 4.239 | Jump to 1791.44 |  |  |