Home Prices Shoot Up by 6.5% YoY

[Azrairc]

tours over for crashcels, even asian accountant says house crash is fake news

[sf813]

This is me

[BalognaNbeans]

Oliverheldens on watch

[GerbilFarmer]

No crash crew

But there is going to be flat home prices for a while. That’s fine with me less taxes to pay. Lol


Rentcels dialing the hotline rn

[JackyChin]

In 10 years it really will happen. When the boomers begin to die and the post-2008 baby bust enters their late 20s. And when the skilled trades inevitably overcorrect and become oversaturated a decade from now.

But 10 years is a long time to be renting between now and then.

[ThatGuy950]

That’s actually down in real terms then, when taking into account true inflation which is like 20% ded fkn srs

It’s over for merica

[Lefticle]

Can confirm. Bought another house for $745k in October and it’s already worth $815k lol

Just imagine what will happen when rates drop

[Onlinedatingcel]

We are 5 years behind Canada srs

[Destor]

That does not bode well for interest rates coming down any time soon, or at least not to any significant degree

[8pieces]

What's crazy is average rent and mortgage is gonna be well over 5k in probably 10 years

[headturner1]

Bought spy the same day I closed on my house last year.

Proving to my idiot friends who think the stock market is a losing proposition for normies

But yeah, we’re fukced

[cramer1995]

had just barely saved enough money to buy a home comfortably at the end of 2021, lol at my timing, now I can barely afford a shack on the side of the road

[EctoCanuck]

We are 5 years behind Canada srs

I bought my house before the market went crazy from a "motivated seller." The value has tripled but monthly payments went from $588 a month to $833 because of interest rates.

A co-worker paid $300,000 for a crappy fixer-upper back then he has to make twice monthly mortgage payments plus insurance and property tax. In Canada mortgage payments aren't tax deductible...just rent payments.

Renting is sometimes smarter up here.

[24HrParking]

2 properties checking in.

I never once listened to "crashcels"... when the fk would it ever crash, considering population growth continues to climb and landsize stays the same lol.

People have been fighting over land since the dinosaurs bro srs

[Masterchieffer]

Government is running a $1T deficit every 90 days and letting every persons from the third world in that wants to

Government spending is higher than during WWII and it’s all going to woke DEI and the military industrial complex.

Of course inflation was going to continue. What did you think was going to happen when they installed a communist as president?