Home prices could drop by 10 per cent in early 2024: TD
Home prices could drop by 10 per cent in early 2024: TD
TD Bank says home prices could drop as much as 10 per cent on average by early 2024 thanks to a surge in housing supply in some provinces.
![Home prices could drop by 10 per cent in early 2024: TD](https://lemmy.ca/pictrs/image/dbfc24ba-704c-4595-96a6-1a3746eae9bb.jpeg?format=webp&thumbnail=256)
TD Bank says home prices could drop as much as 10 per cent on average by early 2024 thanks to a surge in housing supply in some provinces.
Oh perfect, it's a good thing they didn't almost triple in price over the last 10 years.
41 0 ReplyHouse goes from 200k to 700k in 10 years then goes to 630k and were supposed to be happy? This country is a fucking joke.
26 0 ReplyAll of the countries are a joke my guy, unless you're part of the billionaire club you're just exploitable.
28 0 ReplyWhich country would you rather be in that didn't have a massive increase in housing prices?
13 0 Reply
Down 10% over 6 months isn't nothing, though -- if that rate continues for ten years prices will almost drop to one-tenth. It took us a long time to get into this situation, it might take a while for us to get out. This isn't a complete solution, but it's a good start.
20 0 Reply