The Official Toronto Discussion Thread

jdubnyce

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The lowest cost detached home sold in Brampton still sold for $182,000 over asking | inBrampton

Screenshot_20220221-072755_HouseSigma.jpg



:picard:
Asking price is somewhat irrelevant in this market. Everyone pricing low
 

SwizzLake

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Back to 500k condos :blessed:

lol..

Too many people with mortgages that they cannot afford, I'm curious to know what change of the interest rate will do to them...although we don't expect it to go up drastically, it is currently sitting at 0.025, we might see go up to 0.050.

The 1980's and early 90's houses might have been cheaper but those interest rates were :whoa: if you were borrowing, it was good years if you had money and savings.

Bank-of-Canada-Prime-Rate-Historical_900_402_95_s_c1.jpg
 
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