Quiet markets at the end of November are typical. However, the current market stupor seems to be primarily a reaction more to our troubled world than it is our not-unreasonable interest rates.
The world’s despots spurred on by a particular Colonel Sanders-of-Corruption are delighting in deep-frying the world order. Large-scale global horrors have become top-of-mind in everyday households while at the same time families wonder “How will we pay for Alice’s piano lessons?”.
A person could argue this is an important global, moral and societal awakening. Yes, it’s good that Torontonians are thinking about global issues. Yet, in all this, people still need homes. People need to move for various reasons. Alice still has musical aspirations her parents want to support.
If our government can build confidence in a new Canada, minds will shift. If the “better angels of our world leaders” continue to link wings the global shift will come
In the meantime…as always in times of disruption there are good properties selling at a Buyers’ advantage.
None of this is new thinking to you.
…at my post,
