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October 8, 2021 | The Saretsky Report – September 2021

Despite the uncertainties of a federal election the housing market continued to hum along in September. Home sales dipped 13% when compared to last September, but that should not come as a surprise considering last September marked an all-time record high for the month. Year-overyear base effects will be hard to top in the months […]

September 15, 2021 | The Saretsky Report August 2021

Suffice to say, the housing market remains front and center of most discussions. After surging to unprecedented levels during the height of the pandemic, it has taken a much needed breather this summer. However, this story is far from over.

August 23, 2021 | The Saretsky Report – July 2021

As discussed in last months report, the great reopening trade is in full swing. People have exited their homes and real estate has become less of a priority. We can see this in the housing data which continues to recede each month since the FOMO induced top in March. Sales here in Greater Vancouver have […]

July 21, 2021 | The Saretsky Report – June 2021

The Great reopening is upon us. Similar to the stock market, you have the pandemic trade, which resulted in people wanting bigger homes away from the city, and now I think we are entering the reopening trade.  Take the US, for example, which is arguably a month or two ahead of us. Most of the […]

June 8, 2021 | The Saretsky Report – May 2021

Let me paint a picture for you. Last May, at the onset of the pandemic, economic and housing activity completely shuts down. The world goes into panic mode. In an effort to prevent an economic depression and a wave of defaults, the government along with the central bank, decide to essentially print money and hand […]

May 7, 2021 | The Saretsky Report – April 2021

We have discussed in past reports the ongoing strength in the Canadian housing markets being largely attributed to excess liquidity and credit creation that was manufactured out of Ottawa.  Commercial bank credit creation is running hot, thanks to Federal Government Guaranteed loans that have simultaneously been supported by the Bank of Canada’s Quantitative Easing Program. […]

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