HawthorneVillager.com

Only if you put your equity in a savings account... and depending when you bought stocks in 2008 you could very well be ahead if you sold.

That’s a good point. I probably would have sunk it into some index funds at that time.

Crap. Now I feel even worse.

I wouldn't feel bad, imagine that you're turning 30, just got married, want kids and are trying to buy your first home.

That guy hasn’t had kids yet, and nothing for the wife to take when they get divorced!

I’m going to go jump off a cliff now.

Been a long time since I commented on this thread, and Dabills hasn't even been around in quite some time, but if he is still around, i probably could have collected my $20 a while ago - Average price in May was $557,795. Median price was $523,750. If we go for Jan to May, average price was $536,637, median $505,000. So I guess he could make the argument that median hasn't quite hit $506,460!

Had some fun going back to look at several posts - I miss Ol Skool and his Tony like use of "facts" - made me do some homework to prove his ineptitude.

So, anyone know Dabills?

I'm still waiting for the decline in housing prices...

In other news the bank appraised my house well north of my purchased price plus 10%. So I should be good for the housing decline...Good thing too cuz the bank is generally very conservative from what I've been told...

But I'm still waiting...anxiously...

Don't know Dabills...but I COULD find him...but don't feel like it...


Cheers...

Maybe Wynne's latest tax grab on the industry will help!! f**K she's one f*** up politician.

What makes you think she's f*** up?

Is there such thing as a normal politician?

Average price last month - $556,088. Median $519,000

so average is down slightly from May, but Median is up!

Average price for a detached house was $675,794 and median $652,500. both are highest ever!

townhomes, both condo and freehold, are down from earlier highs this year.

maybe the deline will come if Milton gets the power to layer on transfer taxes, or if they don't and other cities do, the prices here could climb even higher!

As I said before until they close the Canadian Boarders, or drastically slow it down. The housing market will not decline, the most you will see a maybe a slight drop for 1 year. Canada takes in an average of 250,000 Immigrants a year. These people need housing.

We aren't talking about any decline in this thread. It's about a deline.

On several occasions this summer, I drove by opening day of new homes sales (both with Mattamy in Burlington and on Dundas in Oakville) and couldn't believe the crowds. It made me think back to 2009 when we strolled through the office at our leisure, reviewing the various packages of models and scouting out the optimal locations on the map. I can't imagine the pressure packed experience of buying in this hectic environment. Has anyone here been through this and what was the experience like?

Délįne means "where the waters flow" ~ Immigration keeps the water flowing

Yes and immigrants these days come with money. How else are they able to afford very expensive homes.