January 24th 2023

Quick update on the market current inventory up 5% (9594) since last week, what we have been chatting with clients has been sound advice to list now with the low inventory with proof that we saw a 92% increase (692) week over week in sales .

We sold conditional a few properties last week and one yesterday with hope we can unload a few elder listings this week.

My advice paid off regarding selling in January with the low inventory, resulting with a few of my builder lots selling. Im trying to explain to clients that an offer in todays market is a blessing, at the height of the market and to what we sold for now was a 28% haircut, what I look at is 3 days of negations to get the amount we agreed on was the top dollar in todays market. These lots with give Treviso Corp Canada an 819% Return on initial capital invested with a VTB that that will bring in passive income for 2 years.

Bank of Canada to meet on Jan 26 regarding an additional more then likely rate hike between .25-.50%.

Toronto rated #1 for most over valued city and highest real estate bubble in the world by UBS.