It’s no wonder Canadians are suffering from forecast fatigue
For the last six years, Canadians have been plagued by constant predictions of a housing crash coupled with dire warnings that homes are overvalued by 21% to 35%—and yet, year after year housing prices keep going up, as we show below. Take last year, when prices increased by 6%, despite the Bank of Canada forecasting a possible 30% market correction. Or go back to 2010, when prices increased by 6.8%, despite the Economist predicting a potential 25% correction. All of this is enough to give anyone forecast fatigue—but homeowners in it for the long haul really won’t be impacted by the last few years of rapid appreciation or an impending correction. Instead, just focus on prudently paying off your mortgage.
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TransCanada Corp. has written to the U.S. State Department to dis
"So happy we chose to go with Doug Hayden & Kim! An absolute pleasure working with them and meeting them! Always were right there when needed and so experienced and knowledgable of the market.
Thank you so much for everything!"