Fun with math…
If you bought a house in Toronto in early May, 2017, you were down 20% by late August – 12 weeks later.
If you bought a house in late August, 2017, you were up 10% by mid-October – 9 weeks later.
If you bought a house in mid-October, you were down 13% by mid-January – 9 weeks later.
If you bought a house in mid-January, you were up 17% by mid-March – 8 weeks later.
And if you bought 3 weeks ago, you are already down 4%.
Overall, since this time last year, you are down about 10%.
Does this seems normal to you!!???
What about in Ottawa - the real center of the universe.
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