US Housing Market Forecast It’s been two straight months of growth in resale home sales nationally across the US. NAR reports a 5.8% growth YoY, while Zillow forecasts a 13.6% increase in the next 12 months. Clearly, the trend is strong. Should sellers hold on for a higher price? The stock market may not produce…
Housing Market Crash Ahead? With a Covid infection surge and a new Covid 19 variant discovered in Africa, the stock markets did crash on Black Friday. We could see additional market bleeding next week. And we’re wondering now how solid are US housing markets? Is the new variant going to deflate residential housing markets too?…
Toronto Housing Market Home sales in October across the GTA market hit the second highest level ever for this month. That happened while listings actually have shrunk by one third from October 2020. The housing crisis continues with our 3 levels of government sliding by their responsibilities to ensure adequate supply of housing. This is…
5 Year Outlook for the Housing Market Just as the housing market and stock market rocket to new price levels, we’re seeing more investors and buyers looking ahead to gauge when they should sell. Almost on mass, they want every last red cent. Well, actually if they sell, there’s still nowhere to go. If new…
Rate Forecast: Are Lower or Higher Mortgage Rates Ahead? You’re asking should I Should I Buy a House Now or refinance my mortgage? Is a crash of the housing market a possibility? Will Mortgage Rates go Down? 1, 5 and 30 year mortgage rates are dropping. And with oil prices rocketing today, inflation is an…