Canadian pre-sale condos Loading... : Investor Sentiment and Bull/Bear Views
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17:27
Sep 16
Sep 16
Buy single-detached; avoid pre-sale condos
The Canadian real estate market is in its worst downturn in more than a decade and will hurt short-term activity. Single-detached homes have held up better and may be near a bottom with attractive fixed mortgage rates, making it a good time for owner-occupiers to shop; pre-sale condos remain especially weak and are not expected to turn soon.
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About Canadian pre-sale condos Investor Commentary
Across the available history and selected sources, Buzzberg tracks Canadian pre-sale condos across 1 sources: 0 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 0% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 1 total trade idea tracked. Past 7 days, before deduplication: 1 other directions. Latest voices: Michael Campbell.