Toronto Housing Market Crash


UBS has rated Toronto as one of the world’s most likely cities to crash. It's been over a decade of inflated home prices for Toronto. Forbes takes privacy seriously and is committed to transparency. They also invested depositors' funds in outside hedge funds. 8% for the metropolitan area in the coming year and predicts employment will grow too. At the start of 2009, it was all doom and gloom, as the U. The Canadian property bubble refers to a significant rise in Canadian real estate prices from 2003 until 2019 and ongoing that some have described as a real estate bubble. As investors and speculators pour money in and governments promise billions in affordable housing development, will an economic shock send the market crashing?. Inevitable crash on the cards It’s essential to acknowledge the fact that the housing market has become a dangerous bubble. The Toronto Real estate market is seeing sales and prices begin to drop as the Corona Virus pandemic keeps buyers and sellers from completing sales. Shocks were heard across Toronto. Now one brokerage has cataloged the damage for 988 homeowners who got caught in the eye of the hurricane. If you really believe the market is headed for an imminent crash, there are all sorts of places. There have been many news articles about the slowdown of the Toronto housing market, and many industry prognosticators are predicting a crash. The average sale price per square foot in Tucson is $145, up 9. They might make out like bandits in the end, but the fact that they are on year seven of their plan makes me wonder. Of all the North American cities in the study, Toronto is the first to risk a housing crash. In 2020, prices were inflating fast, far above the…. Toronto Housing Market has 4,428 members. A 2020 Market Crash Could Be Your Chance to Make Millions; WARNING: Canada's Housing Market Could Crash in 2020; $10,000 Invested in Enbridge (TSX:ENB) at the Start of 2019 Is Worth This Much Today; Top stocks for 2020; Two New Stock Picks Every Month! Fool contributor Joey Frenette has no position in any of the stocks mentioned. Using Toronto as the example, at the peak hit in 1989, the model predicted a 26. They receive an average of 60,000 new immigrants per year, every year. What would happen to Canada’s housing market if immigration to Canada was substantially reduced or even cut to zero? It’s a crucial question for the public, and for real. Feb 21, 2020, 5:43 PM. That declaration from the Canada Mortgage and Housing Corporation (CMHC) who released a comprehensive report on the national outlook. The average sale price of a home in Tucson was $232K last month, up 10. And now, new data collected by Bloomberg suggests the real estate bubble will burst. The Canadian housing market is in turmoil — at least that's what the stock market is suggesting. Toronto is becoming a major tech hub, fueling a high demand for housing. experienced in 2008, some experts are concerned that debt-strapped Canadians grappling with a housing market defined by. Toronto: World's Second-Most Overvalued Housing Market. READ: Bank Of Canada Lowers Mortgage Rate For 1st Time In 3 Years The company recently launched a Housing Bubble Dashboard to. Economist David Madani is predicting that home prices in Toronto will see a substantial drop over the next five years. A real estate analyst who accurately predicted Metro Vancouver’s housing crash a year ago says the current slump will stretch out for three more years. As you’re about to see, a Toronto housing crash isn’t just a problem for Canadian real estate investors. The bottom line here is that housing prices in most U. Toronto housing market became more expensive, Vancouver more active in December (January 2020) Vancouver housing market heating up in October; supply was an issue in Toronto (November 2019) Housing market's risk profile continues to improve (November 2019). Investors got real-time look at their risk tolerance as they. According to the Canadian Housing and Mortgage Corporation and Equifax, just 0. However, the experts I asked said they’d always recommend being realistic about your budget and taking out the right mortgage to protect yourself from a potential recession. Based on demographics, that’s 200,000 to 300,000 less than the market could absorb and well below the average number of starts pre-housing crash. The Toronto housing market — and the many cities surrounding it — are in a housing bubble,” BMO Chief Economist Doug Porter wrote in a note to clients Tuesday. The latest Tweets from Micky Lehava (@MickyLehava). Low-Cost Housing Is Disappearing From The Market. According to RE/MAX’s 2020 Housing Market Outlook Report, the. Housing market will burst like all bubbles do: Pape but I know a bubble when I see one and the Toronto housing market is in one now. housing bubble burst sending housing prices lower, said an. Read more on the Toronto Housing Market, Toronto Condo Market, Toronto new construction reports and on the fears of a housing market crash in the GTA. Next year will be hard on the housing market, especially in these big cities Published Wed, Dec 4 2019 6:38 AM EST Updated Wed, Dec 4 2019 1:20 PM EST Diana Olick @in/dianaolick @DianaOlickCNBC. Even so, there is a market for those willing to take risks — Ottawa's 3,000 plus real estate agents managed to sell 13,400 residential properties last year through the multiple listing service. A Market Crash Is Inevitable -- Here's What to Do The market will crash -- maybe tomorrow, or maybe in a few years. The CRASH Of Toronto's Housing Market Is Epic! Josh Sigurdson talks with author and economic analyst John Sneisen about the alarming plunge of the Toronto real estate market as we've seen a plunge of about 17% in home value since April, 2017 when the market saw a 30% year over year average. However, it will be important for potential buyers and investors to look at the market conditions to make sure they pour money into reliable investments. The Tucson housing market is somewhat competitive. 2019 Canada Housing Market Outlook: Slower, Steadier Introduction The Canadian housing market is going through a period of decompression: It is now well over two years since the first policy intervention to head off house price bubbles in Greater Vancouver and Toronto, along with addressing the affordability crisis in both metro areas. 6 percent), Melbourne (5. In 2020, prices were inflating fast, far above the…. " Hogue said that fears of the spread and social distancing are set to decimate house viewings and buyers are likely to take a wait-and-see approach. The question here is if it is worth. It forecasts economic growth of 2. [1] Except for the recession year of 2009, it was the largest February decline in 19 years of index history. The cost of living in the city has spiked with real estate prices almost tripling. Forecasts called for 4,000 new condo sales in the Greater Toronto Area (GTA) that year, and with 930 sales in the first quarter, those predictions looked to be bang on. Census Bureau and other agencies, including the U. READ MORE: The people who bought at the peak of the Toronto housing bubble. The housing market in the U. Toronto is becoming a major tech hub, fueling a high demand for housing. TREB RELEASES RESALE MARKET FIGURES AS REPORTED BY GTA REALTORS® GTA REALTORS® RELEASE MARCH STATS. As chief risk officer for mortgage insurer Genworth MI Canada Inc. A new report says the Toronto housing market is at risk of overheating, with first-time buyers unable to get in. If you’d like some honest advice from our team of kick ass real estate experts, give us a call at #416-291-7372 or email us at [email protected] Canada's largest real estate markets are at the highest risk of a major price correction since the 2008 financial crash when the U. 5 percent is at a historic low. Due to low rates and dire supply shortages, Toronto is now ranked the second most overvalued housing market in the world by UBS. Investors got real-time look at their risk tolerance as they. Compare that to the US rental market and rental housing markets in Los Angeles, San Diego,. Historical housing data are provided by the U. The Bubble Has BURST!. 8% for the metropolitan area in the coming year and predicts employment will grow too. In February, the housing market in many parts of Canada seemed headed for red-hot season. This dramatically tilts the control of pricing to the sellers side of the market. It’s been over a decade of inflated home prices for Toronto. The phenomenon has locked out millions of would-be homeowners out of the market, most notably the millennial cohort. Housing Market in 2018 2017 is going out with a bang for the U. The fourth largest city in North America has seen an incredible. This was the year when Canada’s housing market hit the brakes. The stock market, just like the broader U. in the years leading to the crash the Housing Starts were nearly double the household formation numbers. In areas that were hard hit by the housing bubble, current market trends vary, and not all of the data is rosy. Toronto Housing Market Bubble Reports about the potential of a Toronto housing bubble and crash have been around for many years. Stocks are. Toronto and Vancouver, the two hottest housing markets in Canada, imposed a 15 percent tax on foreign buyers in hopes of curbing soaring prices. 5 TSX Stocks for.   It was even ahead of Hong Kong. Elsewhere: Chill in Canada's housing market to linger and Brexit sparks UK housing crash fears. In a new report — which follows two stagnant quarters of economic growth — Oxford Economics, a UK-headquartered research firm, pins the probability of a recession hitting Canada within 12 months at 45 percent. After a screeching halt sometimes comes a crash. In the City: TREB warns real estate agents and those waiting for a Toronto house price crash likely to be disappointed. San Francisco and Toronto might see a housing market crash in the near future, according to a new UBS Global Real Estate Bubble Index study. Reports about the potential of a Toronto housing bubble  and crash have been around for many years. Toronto Housing Prices. This figure is up 11 percent over the 19,749 listings available at the end of last March. The stock market crash of 1929 – considered the worst economic event in world history – began on Thursday, October 24, 1929, with skittish investors trading a record 12. Economist David Madani is predicting that home prices in Toronto will see a substantial drop over the next five years. A housing bubble, meanwhile, led to. Posts about market crash written by Sami Alshorafa. experienced in 2008, some experts are concerned that debt-strapped Canadians grappling with a housing market defined by. Shocks were heard across Toronto. 2020 Toronto Housing Bubble. The Tucson housing market is somewhat competitive. Toronto housing market became more expensive, Vancouver more active in December (January 2020) Vancouver housing market heating up in October; supply was an issue in Toronto (November 2019) Housing market's risk profile continues to improve (November 2019). Oil prices soared higher on Tuesday on hopes for a recovery in vehicle traffic and fuel demand as some European and Asian countries along with several U. 5 TSX Stocks for. (CMHC) revealed the debt-to-income ratio in Toronto stands at 208 per cent, and even higher in Vancouver, at 242 per cent. Canada's largest real estate markets are at the highest risk of a major price correction since the 2008 financial crash when the U. Expect to see rental rates rise faster in areas that are seeing significant population growth based on rising demand, like Myrtle Beach. Greater Toronto Area home prices climbed 4% in 2019 Last year, the Greater Toronto Area’s housing market was in recovery mode with sales activity bouncing back from a rough 2018. People who had no business taking on a mortgage loan were qualifying with ease, thanks in part to "creative financing" products like the payment. Housing Market Trends In 2019: Homebuilder Stocks Likely To Struggle IBD's Building-Residential/Commerce group was the No. "Crash and Burn: The Housing Bubble Has Burst", "When we've seen market crashes before in Toronto and Vancouver, condos really. By IMFBlog Following a period of escalating prices, Canada's housing market is cooling. Ontario Housing Forecast 2018 – 2020 also addresses short-term housing market speculation in the Toronto and Hamilton metro areas. Still a challenge for first-time homebuyers. Those who years ago predicted the “Toronto Real Estate Bubble” and the crash of it have only found themselves priced out-of-the-market in Toronto. 07 per barrel at. Toronto is becoming a major tech hub, fueling a high demand for housing. 5 TSX Stocks for. CREW: How did Canada get to this place where a housing crash is inevitable? Hilliard MacBeth (HM): What happened can be explained like this: the housing market started to enter a bubble in 2000, around the same time as in the U. Housing prices in Toronto and the surrounding area have become “dangerously detached” from economic fundamentals and are rising simply on the belief that prices will continue. The Pacific Ocean laps against the Stanley Park seawall, which, during a weekday morning, is crowded. Despite the challenges experienced by Toronto to contain the virus, the Canadian economy did not take a hit, and in fact the Canadian GDP grew by $134 billion in 2003, and while the Toronto housing market was expected to slow down as a result of the epidemic, housing sales data from that year show no signs of suffering. The housing market is facing a major challenge as COVID-19 challenges the ability of buyers and sellers to participate, even if they feel confident enough to do so. 4% for July 2017-vs-July 2016, new. Just look at the Google Trends figures over the last 5 years for the search term “2018 housing crash” Suffice it to say, Canadians are worried – and maybe rightfully so. In Vancouver, North America's least affordable housing. Tracy Tong reports. By 1993, average sale prices were only down by 24. What will this mean to potential home buyers and the housing market?. The clues mount in Canada that the bubble is coming down. First, housing will crash and fall off a cliff, then the boomerang effect will be immigrants leaving Canada to look for work elsewhere, which will further compound the housing crash. Tucson real estate broker Karl Kretzel said fear over the virus, now called COVID-19, can make people skeptical of purchasing a home. So what will happen in 2019?. In 1999, the banks were allowed to act like hedge funds. Easy monetary policy is what contributed to the 2008 housing market crash. Many lenders spent millions of dollars to lobby state legislatures to relax laws. Read more on the Toronto Housing Market, Toronto Condo Market, Toronto new construction reports and on the fears of a housing market crash in the GTA. could enter a recession, according to online real estate company Zillow which predicts that will happen in 2020. Why? Two things: interest rates are already low and Toronto home prices were already in a bubble even before the recent double digit price spikes. March 13, 2019 Largest retreat for a February outside of recession In February the Teranet-National Bank National Composite House Price Index TM was down 0. We can help you find your dream home or sell even when it seems the Toronto housing market crash is around the corner (it probably won’t). An entire 188-unit condo project was put on the market and sold out in two days. Home sales in the Greater Toronto Area plunged 67 per cent in April as the economic effects of the COVID-19 pandemic put a chill on the housing market, according to the Toronto Regional Real. As investors and speculators pour money in and governments promise billions in affordable housing development, will an economic shock send the market crashing? And is that factor already approaching Ontario. Indeed, index investors like me have seen their portfolios take a 20-25 percent hit in a relatively short period during the COVID-19 crisis. Meanwhile, McDonald's has a new way to bring the scent of their food home with you. market-cooling policy measures adopted in British Columbia this year to shrink home resales to a six-year low in Canada in 2018. cities are still rising, and will likely continue to climb through 2019 and into 2020. Home sales in the Greater Toronto Area plunged 67 per cent in April as the economic effects of the COVID-19 pandemic put a chill on the housing market, according to the Toronto Regional Real. Department of Housing and Urban Development (HUD) and the Federal National Mortgage Association (Fannie Mae): 60 Years of Decennial Censuses. The bubble's gotta burst sometime!. 0% since last year. Elsewhere: Chill in Canada's housing market to linger and Brexit sparks UK housing crash fears. As you’re about to see, a Toronto housing crash isn’t just a problem for Canadian real estate investors. After the housing market crash that started. Housing prices in Hong Kong are the most overvalued and at the greatest risk of collapse, according to. TUCSON, Ariz. Housing prices are still too high and additional measures will be needed to address the housing affordability. Latest, Michael Yardney blog, Michael Yardney's Commentary, Property Investment. Mark McAllister speaks to a mortgage expert on whether we could see more people jump in to the housing market. This year, you can expect prices to heat up even more. The Pacific Ocean laps against the Stanley Park seawall, which, during a weekday morning, is crowded. Measures designed to strengthen financial stability such as more stringent tests of borrowers' ability to repay their loans, along with higher interest rates, combined to make mortgage financing more expensive. (Adds that some mortgages are insured by private companies, in last paragraph). Despite the challenges experienced by Toronto to contain the virus, the Canadian economy did not take a hit, and in fact the Canadian GDP grew by $134 billion in 2003, and while the Toronto housing market was expected to slow down as a result of the epidemic, housing sales data from that year show no signs of suffering. First, housing will crash and fall off a cliff, then the boomerang effect will be immigrants leaving Canada to look for work elsewhere, which will further compound the housing crash. short sellers betting on Canadian housing crash: 'An accident waiting to happen' Large Wall Street investors who made billions when the U. What would happen to Canada's housing market if immigration to Canada was substantially reduced or even cut to zero? It's a crucial question for the public, and for real. The Canadian Housing Boom Has Turned Into A Housing. Canada's housing sector is slowing, and ripple effects will be felt throughout the economy, from construction and real-estate jobs to purchases of furniture and appliances. Douglas Porter, chief economist and managing director at BMO Financial Group, thinks the bubble has popped, which should make things easier for prospective homebuyers in the coming months. The federal banking regulator imposed stress tests on new mortgage. Aside from. One knock against passive investing is that while it’s great to match the market’s performance in good times, it’s not as fun to watch your portfolio drop when the outlook turns bearish. Rentcafe reports a monthly rent price growth of $145 over the last 12 months. Despite issues related to the Federal and provincial governments, the enormous unfulfilled demand for housing (i. An entire 188-unit condo project was put on the market and sold out in two days. The United States housing bubble was a real estate bubble affecting over half of the U. Toronto Coronavirus crisis has not stopped The Toronto Real Estate Housing Market across GTA. Bank of Canada Governor Stephen Poloz looks ready to end his term where he began, setting interest rates near historic lows to support the broader economy at the risk of stoking higher prices in a. This dramatically tilts the control of pricing to the sellers side of the market. Current (Jan 17 - Feb 14) Past (Dec 20 - Jan 17) Quarterly change. Market will push Quebec into third place for price growth. The housing market going into the pandemic was, in a word, tight. The housing market will drop within a year and upcoming winter will be great time to get at least a 10% discount while your starter home won't drop as much. First, housing will crash and fall off a cliff, then the boomerang effect will be immigrants leaving Canada to look for work elsewhere, which will further compound the housing crash. This result was up by 3. TORONTO, Sept 18 (Reuters) - New data showing a slowdown in Canada's hot housing market was largely expected and a market correction will not have a significant impact on the Canadian. I’ll explain why in today’s essay. While the first half of the year may see a relatively cool national market, TD senior economist Rishi Sondhi predicts that the final two quarters could see an uptick in. UBS has rated Toronto as one of the world’s most likely cities to crash. Toronto is becoming a major tech hub, fueling a high demand for housing. 6%) and Regina. Tucson real estate broker Karl Kretzel said fear over the virus, now called COVID-19, can make people skeptical of purchasing a home. " Hogue said that fears of the spread and social distancing are set to decimate house viewings and buyers are likely to take a wait-and-see approach. Alberta is an outlier in the country's housing market, says RBC report Back to video “Alberta’s economy and its housing market are largely out of synch with the rest of Canada,” says Robert. 4% for July 2017-vs-July 2016, new. A recession the following year didn. Residents priced out of hot markets in Vancouver and Toronto hoping for housing crash: poll 'The (Toronto) market would need a 15 to 20 per cent correction if there's much hope for younger. Meanwhile, down the road in Ottawa, or further afield in Montreal – the local RE is on fire. Toronto home prices are not affordable. Toronto housing market became more expensive, Vancouver more active in December (January 2020) Vancouver housing market heating up in October; supply was an issue in Toronto (November 2019) Housing market’s risk profile continues to improve (November 2019). Viewing 16 posts - 1 through 16 (of 16 total). Housing Vacancies. Despite the new year for real estate, new listings have declined since last week with 1707 current homes on the market including 221 condos. Once Canada gets over the hump, the market will resume its steady growth in 2021. UBS has rated Toronto as one of the world’s most likely cities to crash. Low unemployment of the late 1980s and large inflow of immigrants to the area helped to inflate the bubble. housing bubble burst sending housing prices lower, said an. A housing bubble, meanwhile, led to. For the past few years, the state of the housing market in Mississauga (and other GTA municipalities) has gotten a great deal of attention. 2 percent vs 3. Barb Kramer and Anisa Lancione join host Steve Gregory and Paul Rushforth this week to discuss the latest in Mortgage and Real Estate news. With the average house prices skyrocketing by a whopping 22% and the average condo prices up by a staggering 15%, it seemed as if nothing could possibly go wrong at all for Toronto. It was even ahead of Hong Kong. " That's how Meyers Research Chief Economist Ali Wolf opened her "COVID-19 Update: The Housing Market" webinar yesterday afternoon. Once Canada gets over the hump, the market will resume its steady growth in 2021. 4% for July 2017-vs-July 2016, new. This dramatically tilts the control of pricing to the sellers side of the market. Toronto has created little purpose-built rental housing in the past 40 years, leading to an overreliance on the secondary housing market for rental inventory. In December, the number of new homes for sale slid over 2%. The two-year slowdown Canada experienced in the housing market is now officially over. Ignore them at your peril. Anticipated Crash For Toronto Housing Market By Caleb MacCauley January 11, 2018 Real Estate News No Comments A billionaire investor, Stephen Jarislowsky made an analysis concerning the housing market in Toronto saying; without the intervention of the federal government to ensure the blazing real estate market is stabilized, the price of homes. Meanwhile, down the road in Ottawa, or further afield in Montreal - the local RE is on fire. Toronto, Canada. What's happening in the rest of Canada. but no crash. 2019 Canada Housing Market Outlook: Slower, Steadier Introduction The Canadian housing market is going through a period of decompression: It is now well over two years since the first policy intervention to head off house price bubbles in Greater Vancouver and Toronto, along with addressing the affordability crisis in both metro areas. Toronto Coronavirus crisis has not stopped The Toronto Real Estate Housing Market across GTA. Alberta is an outlier in the country's housing market, says RBC report Back to video “Alberta’s economy and its housing market are largely out of synch with the rest of Canada,” says Robert. Low mortgages rates, which Redfin. A European friend, Anna, recently came back from a Vancouver vacation, disgusted. A housing market crash in 2020 is a possibility, but it will not as big as many would imagine. This results in a general decrease in potential buyers. Housing Vacancies. Toronto's housing market is tanking, Business Insider. The housing market dynamics in 2003 in Hong Kong offer some context. Sep 25, 2018, 6:10 PM. This means the claims of overbuilding—which further fuel this idea of a housing market crash—are unfounded in cities like Toronto, Calgary and, potentially, Vancouver. I converted this Teranet index for Toronto house prices to “percent-change since January 2002” and overlaid the insane mind-boggling housing bubble in the San Francisco Bay Area, and it shows just how majestic the 18-year Toronto housing bubble has been:. Recessions are a horrible economic event that leaves homeowners and buyers very confused. They might make out like bandits in the end, but the fact that they are on year seven of their plan makes me wonder. 9 per cent of transactions in the Greater Toronto Area involved foreign buyers, which it said was a minimal amount and not detrimental to the housing market. You can also view the RE/MAX 2020 Housing Market Outlook Report here. Media Inquiries. Browse through our listings, or contact us today at 416-645-3755. A recent article from Investopedia tried to address the question of a stock market crash, with Why Stocks Will Plunge 18% by Year-End Despite Fed Rate Cuts. Rents are still expected to grow throughout the year. It has only been since the U. Consider Seattle, where home prices have risen dramatically as it has become one of the country's leading tech hubs. , the country’s largest private mortgage insurer, has a message for U. The average cost of a home in Toronto hit a whopping $273,698, a 30-year high. mortgage originations and 45% of servicing are provided by "non-banks," or HSLs. TUCSON, Ariz. In 2020, prices were inflating fast, far above the means of investors, home buyers and renters. Why did the market crash in the 80s? Click to expand It wasn't really the '80s, but '89 - '91, if we're talking Toronto. So what will happen in 2019?. Toronto's housing market has seen a stunning slowdown in the past year. According to CREA, housing supply shortages are still the main reason for the continued upward movement in house prices in Toronto. Market watchers offered several theories for the breakdown. Edmonton's housing market started out strong in March, but ended with an overall decline of two per cent compared to last year because of the COVID-19 pandemic. 3 Mostly Depressing Predictions for U. Prices remain strong. Will the coronavirus affect the housing market? Fears of the coronavirus has rocked the stock markets, leading to lower fixed and variable mortgage rates. The heads of three of the country's major banks (CIBC, RBC and BMO) expressed concern about the housing market at an investor conference this month. Once Canada gets over the hump, the market will resume its steady growth in 2021. Regulators are trying to ensure a soft landing for a market that was propelled by years of low interest rates following the global financial crash and ignited fears that housing in Toronto and. TREB Releases Q4 2019 Condo Market Statistics. 2020 Toronto Housing Market Conclusion. Toronto Housing Market Bubble Reports about the potential of a Toronto housing bubble and crash have been around for many years. Mortgage market sees flurry of activity amid low rates, virus uncertainty. Why did the market crash in the 80s? Click to expand It wasn't really the '80s, but '89 - '91, if we're talking Toronto. Will the coronavirus affect the housing market? Fears of the coronavirus has rocked the stock markets, leading to lower fixed and variable mortgage rates. The stock market crash of 1929 – considered the worst economic event in world history – began on Thursday, October 24, 1929, with skittish investors trading a record 12. Those laws would have. Hilliard MacBeth, a financial adviser and author, warns the Canadian housing market may moving toward its biggest crash ever thanks to soaring home prices. housing market is not nearly as "fragile" as it was during the last crash. Despite issues related to the Federal and provincial governments, the enormous unfulfilled demand for housing (i. As chief risk officer for mortgage insurer Genworth MI Canada Inc. Some Alberta gun enthusiasts say ban on 'assault-style' firearms won't make Canada safer. The city's vacancy rate of 0. states began to ease coronavirus lockdown measures. While some economists still question whether Toronto ever was in a housing bubble, others not only insist that it was; they also believe it has burst. Once Canada gets over the hump, the market will resume its steady growth in 2021. But sales activity has not stopped, the report says. Meanwhile, McDonald's has a new way to bring the scent of their food home with you. Is The Housing Market About To CRASH? | Housing CRISIS - Duration: 22:31. Dubai’s housing market ‘oversupplied’ despite drop in prices – UBS the risk of a housing bubble was found to be the greatest in Munich, followed by Toronto, Hong Kong and Amsterdam. ‘There is speculation of a ‘bubble’ from consumers and economists, however, I have seen a strong market with moderate appreciation, which indicates. But there is a clue about what will happen next. The annualized rate of construction fell to just under 201,000 housing units, down from nearly 206,000 in July, according to data released Tuesday. Did you hear about the little bungalow in Don Mills that went for $445,000?. Explain in detail toronto housing market crash 2019 Explore the inside story of news 2019 Volvo S60 2019 Volvo Xc40 Inscription Arrives In New York In volvo v50 crash test 2018 2019 best cars reviews 2018 Volvo XC40 2019 Volvo S60 2019 Volvo Xc70 Volvo V50 2. Warren attributes the overall moderation in Canada's housing market crash to a combination of tighter mortgage qualifying rules (B20) and the incremental increases in interest rates. Due to low rates and dire supply shortages, Toronto is now ranked the second most overvalued housing market in the world by UBS. Past real estate downturns have been precipitated by a trigger or event – a sharp rise in interest rates or a decrease in employment. The California Association of Realtors recently shared a somber forecast for the state housing market in 2019. Across the country in Toronto, meanwhile, the story was similar. Toronto’s housing market activity fell off a cliff last month as COVID-19 lockdown measures pushed buyers and sellers to the sidelines. I am calling this bubble in a way that I have never done before. Among the surveyed experts, the largest share (43 percent) said the national housing market will shift decidedly to a buyers market in 2020, followed by 18 percent that said it would shift in 2021. Household debt now amounts to more than 100 per cent of the country’s gross domestic. 8% for the metropolitan area in the coming year and predicts employment will grow too. I'll explain why in today's essay. 2016 was no doubt a record-breaking year for the Toronto real estate market. The mortgage stress test put in place by Canada's federal government in January of 2018 also worked to cool a formerly white-hot housing market — enough to stabilize prices, but not enough to. Toronto housing woes - CBC Toronto has 1,633 members. Toronto is becoming a major tech hub, fueling a high demand for housing.   It was even ahead of Hong Kong. Toronto ranked number 2, after Munich, for most overvalued houses in the world, and is showing no signs of slowing down. Whatever happens, most of 2018 will remain a seller’s market. Despite the latest housing market news in Canada saying that the market housing crash has cometh, Canada real estate market is robust, with demand steady and population on the rise – record rise! I have seen it all before. Toronto's housing market is tanking, Business Insider. It has only been since the U. And economists expect Toronto prices to stay where they are for now. Real estate news in Canada can’t help but talk about it, and consumer sentiment is starting to show worrying signs. Buyers and sellers in the GTA should be aware of the shift in the housing market according to recent studies. The City of Toronto […]. I bought a house in 2016, and was worried the market would crash in 2017. Advertisement Watch Live. A recent article from Investopedia tried to address the question of a stock market crash, with Why Stocks Will Plunge 18% by Year-End Despite Fed Rate Cuts. Low unemployment of the late 1980s and large inflow of immigrants to the area helped to inflate the bubble. After a screeching halt sometimes comes a crash. There is no way that the economy will improve much soon with the huge drop we had in the stock market and state of California being shut down and many large cities with growing infection. This is the headline that mainstream media has been using to sell ad space for the next ten years. A 2020 Market Crash Could Be Your Chance to Make Millions; WARNING: Canada's Housing Market Could Crash in 2020; $10,000 Invested in Enbridge (TSX:ENB) at the Start of 2019 Is Worth This Much Today; Top stocks for 2020; Two New Stock Picks Every Month! Fool contributor Joey Frenette has no position in any of the stocks mentioned. Even so, there is a market for those willing to take risks — Ottawa's 3,000 plus real estate agents managed to sell 13,400 residential properties last year through the multiple listing service. The 5 year and 10 Year forecasts are bright. But in the other half of the cities, house prices are stalling or declining. Toronto Regional Real Estate Board President Michael Collins is reporting results for the first 17 days of April 2020, in order to provide some guidance on the impact of COVID-19 on the Greater Toronto Area housing market. Housing will correct…. 2018 Predictions: The Inventory Crisis Will Drive the Market By Svenja Gudell on Nov. Prices fell off a cliff. Prices rose from about 67 on the Teranet-National Bank index, for single-family homes, to 167 today, a gain of 2. Just as sales took a hit, so home price growth was slow rising. Hilliard MacBeth, a financial adviser and author, warns the Canadian housing market may moving toward its biggest crash ever thanks to soaring home prices. The u/lotus717 community on Reddit. Toronto Housing Market Forecast 2020. A housing market crash in 2020 is a possibility, but it will not as big as many would imagine. Inevitable crash on the cards. I converted this Teranet index for Toronto house prices to “percent-change since January 2002” and overlaid the insane mind-boggling housing bubble in the San Francisco Bay Area, and it shows just how majestic the 18-year Toronto housing bubble has been:. Why? Two things: interest rates are already low and Toronto home prices were already in a bubble even before the recent double digit price spikes. But if you never get in the market, you'll never have a chance. BUREAU OF LABOR STATISTICS Spotlight on Statistics Page 2 Expenditures on housing In 2012, households spent the largest share of average annual expenditures (33 percent, or $16,887) on housing. ” Hogue said that fears of the spread and social distancing are set to decimate house viewings and buyers are likely to take a wait-and-see approach. Housing prices are up 21% since November 2007, while stocks are up 76%. "The fundamentals facing Toronto's housing market are generally quite decent," said Robin Wiebe, a senior economist with the Conference Board of Canada think-tank. Canada's largest housing market has seen an enormous two-decade surge in prices that culminated in utter craziness in April 2017, when the Home Price Index had skyrocketed 32% from a year earlier. Once Canada gets over the hump, the market will resume its steady growth in 2021. If you’d like some honest advice from our team of kick ass real estate experts, give us a call at #416-291-7372 or email us at [email protected] Recessions occur because of rising unemployment rates and the GDP falling. Tracy Tong reports. It was even ahead of Hong Kong. Economist David Madani is predicting that home prices in Toronto will see a substantial drop over the next five years. Toronto, Canada. That’s a captive audience. investors: red hot housing markets in Toronto and Vancouver aren’t about to plummet. The 5 year and 10 Year forecasts are bright. Toronto Housing Market Bubble Reports about the potential of a Toronto housing bubble and crash have been around for many years. Higher interest rates mean higher mortgage rates, pushing some would-be buyers out of the market. Activity on the resale market is expected to accelerate modestly in the coming years. The Census Bureau’s housing data present a comprehensive picture of housing in America. They now are moving farther away and commuting more in a region where traffic and roads are not keeping up with the population shift. But the market crash has severely disrupted her plans of upgrading — she told the Post she had lost about $14,000 that she was counting on for a downpayment. We have found the following websites that are related to Will Toronto Housing Market Crash. I wrote about this potential threat a year ago, and I'd like to. Where should I put my money now if I believe the stock market is going to crash?—Jerry, Virginia. Toronto's housing market is tanking, Business Insider. Ontario Housing Forecast 2018 – 2020 also addresses short-term housing market speculation in the Toronto and Hamilton metro areas. 2 percent vs 3. Buyers and sellers in the GTA should be aware of the shift in the housing market according to recent studies. "Crash and Burn: The Housing Bubble Has Burst", "When we've seen market crashes before in Toronto and Vancouver, condos really. The housing market will drop within a year and upcoming winter will be great time to get at least a 10% discount while your starter home won’t drop as much. 9% to $837,788!. Housing prices are up 21% since November 2007, while stocks are up 76%. Are Australian house prices going to join the Canadian Club? As property prices drop, Aussies are freaking out that a housing crash is coming. The often-cited mantra that Toronto's real estate market is being driven largely by a lack of supply is wearing thin, he argues. Canada's energy sector 'particularly vulnerable' after oil price crash. They receive an average of 60,000 new immigrants per year, every year. 7 per cent in early 2018, with Hamilton at 6. A new report says the Toronto housing market is at risk of overheating, with first-time buyers unable to get in. A 2020 Market Crash Could Be Your Chance to Make Millions; WARNING: Canada's Housing Market Could Crash in 2020; $10,000 Invested in Enbridge (TSX:ENB) at the Start of 2019 Is Worth This Much Today; Top stocks for 2020; Two New Stock Picks Every Month! Fool contributor Joey Frenette has no position in any of the stocks mentioned. According to the Toronto Real Estate Board, the average. "The fundamentals facing Toronto's housing market are generally quite decent," said Robin Wiebe, a senior economist with the Conference Board of Canada think-tank. Toronto's market has been overheating for years and experts have been trying to warn buyers off what seems like an inevitable crash — "It is going to end in tears," warned one analyst in. counterpart. A new report suggests the housing market in Windsor-Essex will continue to be geared towards sellers in 2020 with bidding wars becoming more common. Household debt now amounts to more than 100 per cent of the country’s gross domestic. housing market thanks to coronavirus, which could weaken demand and cause a crash. Selected housing characteristics data from the decennial. Recessions are a horrible economic event that leaves homeowners and buyers very confused. 2020 Toronto Housing Bubble. Mark McAllister speaks to a mortgage expert on whether we could see more people jump in to the housing market. GTA REALTORS® RELEASE MONTHLY RESALE HOUSING MARKET FIGURES. A housing bubble, meanwhile, led to. Business Insider/Andy Kiersz. 8% for the metropolitan area in the coming year and predicts employment will grow too. Then came the crash. Visit the market rent page for a list of current vacancies. In 2020, prices were inflating fast, far above the means of investors, home buyers and renters. The City of Toronto […]. Backtesting these numbers, we can see this method isn't perfect. According to the Canadian Housing and Mortgage Corporation and Equifax, just 0. It forecasts economic growth of 2. 7%) reported the largest gains, citing favourable market conditions and higher construction costs. 1 performer in 2017 but has been among the biggest losers in 2018, down. Housing Market in 2018 2017 is going out with a bang for the U. As Barry Ritholtz pointed out in 2011, “The relative market share of Fannie Mae and Freddie Mac dropped from a high of 57 percent of all new mortgage originations in 2003, down to 37 percent as. The Federal Reserve lowered interest rates earlier this month. Know what is being proposed and let your representatives know where you stand with it. Learn about how to apply for subsidized housing and housing benefits. So what will happen in 2019?. UBS has rated Toronto as one of the world’s most likely cities to crash. Housing Bear Who Called 2018 Slowdown Says Worst Yet to Come. The savings rate has reached an alarming decade-long low in Canada, leaving Canadians more susceptible to the impacts of a price correction in the housing sector. Toronto’s housing market activity fell off a cliff last month as COVID-19 lockdown measures pushed buyers and sellers to the sidelines. A housing bubble, meanwhile, led to. A housing market crash in 2020 is a possibility, but it will not as big as many would imagine. UN) (NYSE:BPY) have seen their. New housing prices in Canada went up 0. Neil McCoy-Ward 506,193 views. 5 percent is at a historic low. Demand remains high as people remove listings off the market and wait cautiously. Current Toronto MLS® stats indicate an average house price of $981,339 and 3,056 new listings in the last 28 days. Housing market will burst like all bubbles do: Pape but I know a bubble when I see one and the Toronto housing market is in one now. In the early 2000s, reckless lending practices created a ticking time bomb of unaffordable mortgage loans. And now, new data collected by Bloomberg suggests the real estate bubble will burst. Toronto ranked number 2, after Munich, for most overvalued houses in the world, and is showing no signs of slowing down. Just 5 percent of panelists said they thought the national market was already a buyers market – roughly half the share (9 percent) that said the. Activity on the resale market is expected to accelerate modestly in the coming years. Read more on the Toronto Housing Market, Toronto Condo Market, Toronto new construction reports and on the fears of a housing market crash in the GTA. Expect to see rental rates rise faster in areas that are seeing significant population growth based on rising demand, like Myrtle Beach. It plummeted because Congress rejected the bank bailout bill. First of all, what is a real crash? Think Toronto in 1989. The stock market crash of 1929 – considered the worst economic event in world history – began on Thursday, October 24, 1929, with skittish investors trading a record 12. The Canadian housing market is in turmoil — at least that’s what the stock market is suggesting. 327 miembros. Toronto’s vacancy rate could approach a “healthy” level of three per cent if the thousands of entire-home listings on Airbnb that appear to be in contravention of new city regulations were. The phenomenon has locked out millions of would-be homeowners out of the market, most notably the millennial cohort. If you'd like some honest advice from our team of kick ass real estate experts, give us a call at #416-291-7372 or email us at [email protected] Toronto’s dizzying price rises raise fears of a crash the forefront of a nationwide housing market that, helped by low mortgage rates and easy lending, has become worryingly overheated. Demand remains high as people remove listings off the market and wait cautiously. - Sustainable Housing Starts. The walls were covered with beige rubber, the table wrapped in soft, grey leather. Due to low rates and dire supply shortages, Toronto is now ranked the second most overvalued housing market in the world by UBS. Airbnb describes itself as an online marketplace and hospitality service, enabling people to list or rent short-term lodging including vacation rentals, apartment rentals, homestays, hostel beds. While it’s easy to think that a few slow weeks are a sign of something larger, a more thorough analysis reveals that the Toronto market is still very strong. When Will The Toronto Real Estate Market Crash? As we complete the first half of 2019, we can see that the market has been pretty unpredictable. Toronto and London are among the cities most at risk of a housing bubble as economic optimism and low borrowing costs push up property values in urban areas worldwide, according to UBS Group AG. Toronto Housing Prices. Toronto's housing prices have rapidly appreciated into the "unaffordable" realm and a price adjustment is simply inevitable. While few are predicting an out-and-out crash similar to the one the U. Low mortgages rates, which Redfin. Builders in Ottawa (+1. Explain why a housing market at equilibrium could still have a vacancy rate of 4%. UBS has rated Toronto as one of the world’s most likely cities to crash. A new report suggests the housing market in Windsor-Essex will continue to be geared towards sellers in 2020 with bidding wars becoming more common. Predictions: Housing Market Crash? Given how strong demand in the GTA is, a Toronto housing crash is little outlandish. Those laws would have. Past real estate downturns have been precipitated by a trigger or event – a sharp rise in interest rates or a decrease in employment. All agreed that increasing housing supply and growing debt means the market is reaching its peak. According to Bloomberg report, James Stack, who predicted the 2008 real estate crash and nailed last year's housing slowdown with uncanny timing, is back with some bad news for 2019. Reddit gives you the best of the internet in one place. – Lender recourse. A Toronto-area real estate market that started the year by revisiting the market euphoria of 2016 abruptly feels like it’s reliving the financial market meltdown of 2008. Housing will correct…. Toronto Housing Prices. 5 TSX Stocks for. Now, as much as people think I'm jumping up and down at the demise of our housing market, let me make one thing clear: I do NOT want a US-style housing crash in Canada. It provides current data on house prices as well as metrics used to assess valuation in housing markets, such as house price-to-rent and house-price-to-income ratios. Toronto Coronavirus crisis has not stopped The Toronto Real Estate Housing Market across GTA. Toronto housing market became more expensive, Vancouver more active in December (January 2020) Vancouver housing market heating up in October; supply was an issue in Toronto (November 2019) Housing market's risk profile continues to improve (November 2019). The Dow Jones Industrial Average fell 777. According to CREA, housing supply shortages are still the main reason for the continued upward movement in house prices in Toronto. Demand remains high as people remove listings off the market and wait cautiously. In the months following the Great Housing Crash of 2019, Vancouver looks much the same as it had before. 2%), Montréal (+0. A Market Crash Is Inevitable -- Here's What to Do The market will crash -- maybe tomorrow, or maybe in a few years. The savings rate has reached an alarming decade-long low in Canada, leaving Canadians more susceptible to the impacts of a price correction in the housing sector. Know what is being proposed and let your representatives know where you stand with it. Board members also had a hand in selling 324 condominiums for an average of $271,350,. While it's easy to think that a few slow weeks are a sign of something larger, a more thorough analysis reveals that the Toronto market is still very strong. Look at the big picture with such tax changes to ensure they are moving in the right direction. Recessions are a horrible economic event that leaves homeowners and buyers very confused. in the years leading to the crash the Housing Starts were nearly double the household formation numbers. 8% for the metropolitan area in the coming year and predicts employment will grow too. Long enough to ride the next rise. Despite issues related to the Federal and provincial governments, the enormous unfulfilled demand for housing (i. According to RE/MAX’s 2020 Housing Market Outlook Report, the. That’s a captive audience. Recessions are a horrible economic event that leaves homeowners and buyers very confused. Once Canada gets over the hump, the market will resume its steady growth in 2021. When the economy is strong and people are confident about the future, they are more inclined to buy houses, upgrade. right before the crash recently — it tells the tale of Canada’s housing market through the lens of the U. As investors and speculators pour money in and governments promise billions in affordable housing development, will an economic shock send the market crashing?. The Pacific Ocean laps against the Stanley Park seawall, which, during a weekday morning, is crowded. Just look at the Google Trends figures over the last 5 years for the search term “2018 housing crash” Suffice it to say, Canadians are worried – and maybe rightfully so. According to RE/MAX's 2020 Housing Market Outlook Report, the. I have seen inflection points in Vancouver, Toronto, and nationally. LIVE WATCHING. As you're about to see, a Toronto housing crash isn't just a problem for Canadian real estate investors. Higher interest rates mean higher mortgage rates, pushing some would-be buyers out of the market. However, she points out that "High-priced markets, including Vancouver and Toronto, with strained affordability and a large share of uninsured mortgages, may. Toronto housing woes - CBC Toronto has 1,633 members. By IMFBlog Following a period of escalating prices, Canada's housing market is cooling. Demand remains high as people remove listings off the market and wait cautiously. This dramatically tilts the control of pricing to the sellers side of the market. housing sector in 2007, a few. In fact, prices cannot be used as an indicator of what the market will do because they are just a result of supply and demand. Sales held for one year or less in Toronto was 5. There have been many news articles about the slowdown of the Toronto housing market, and many industry prognosticators are predicting a crash. 5 TSX Stocks for. The Canada Mortgage and Housing Corporation’s (CMHC) Housing Market Outlook largely agreed, predicting, “Overall, we anticipate MLS sales to trough in 2018 and see some recovery in 2019-20. Toronto’s housing market experienced a severe crash in 1989, brought on by a combination of overbuilding, double-digit interest rates and rampant speculation. market-cooling policy measures adopted in British Columbia this year to shrink home resales to a six-year low in Canada in 2018. Once Canada gets over the hump, the market will resume its steady growth in 2021. In 2020, prices were inflating fast, far above the means of investors, home buyers and renters. First, housing will crash and fall off a cliff, then the boomerang effect will be immigrants leaving Canada to look for work elsewhere, which will further compound the housing crash. Demand remains high as people remove listings off the market and wait cautiously. It forecasts economic growth of 2. Easy monetary policy is what contributed to the 2008 housing market crash. " That's how Meyers Research Chief Economist Ali Wolf opened her "COVID-19 Update: The Housing Market" webinar yesterday afternoon. 8% for the metropolitan area in the coming year and predicts employment will grow too. What is the real story of Covid-19? If you are a 'News Junkie', like me, and have been following the story of the virus Covid-19, including, cancellations of school, work, events and travel options. Edmonton's housing market started out strong in March, but ended with an overall decline of two per cent compared to last year because of the COVID-19 pandemic. 4% for July 2017-vs-July 2016, new. By 1993, average sale prices were only down by 24. TREB Releases Q4 2019 Condo Market Statistics. A first-time homebuyer household earning $78,000 (the median Metro Toronto household before-tax income) can only get a $320,000 mortgage. In the late 80's there was a HUMONGOUS housing bubble in Toronto. This was the highest reading since the fourth quarter 2016, as property prices advanced in most cities: Sydney (4. In 2020, prices were inflating fast, far above the…. com 2020 housing market predictions: The U. If you’d like some honest advice from our team of kick ass real estate experts, give us a call at #416-291-7372 or email us at [email protected] A new report says the Toronto housing market is at risk of overheating, with first-time buyers unable to get in. HOUSING: The real estate market was Sidewalk Labs had partnered with a government agency known as Waterfront Toronto with plans to erect mid-rise apartments, offices, shops and a school on a. Far from a sign of trouble, we view this cooling constitutes as a healthy correction that would prevent overheating conditions from re-emerging in parts of Canada such as the Vancou-ver and Toronto areas. Once Canada gets over the hump, the market will resume its steady growth in 2021. Now t he FOMO crowd has been quarantined across all housing types. Housing prices in major urban centres, but particularly Toronto, have been escalating dramatically since January due to a combination of low supply and sky-high demand. Flu season traditionally ends in May and, assuming the situation stabilizes by then, Maranger is optimistic pent-up demand will burst into the housing market. Interestingly, housing sales data from 2003 in Toronto show no apparent signs of suffering. There have been many news articles about the slowdown of the Toronto housing market, and many industry prognosticators are predicting a crash. be time to write our own “Crash Dammit!” The trouble is that Canada effectively has three housing markets. It forecasts economic growth of 2. Toronto is a unique market in Canada. Sales held for one year or less in Toronto was 5. Many lenders spent millions of dollars to lobby state legislatures to relax laws. TUCSON, Ariz. The California housing market is one of the hottest and most profitable in the United States. Read more on the Toronto Housing Market, Toronto Condo Market, Toronto new construction reports and on the fears of a housing market crash in the GTA. In the City: TREB warns real estate agents and those waiting for a Toronto house price crash likely to be disappointed. economy, goes in cycles. Based on demographics, that’s 200,000 to 300,000 less than the market could absorb and well below the average number of starts pre-housing crash. Flu season traditionally ends in May and, assuming the situation stabilizes by then, Maranger is optimistic pent-up demand will burst into the housing market. affordable housing) will ensure prices continue upward. Stocks are. That's a sign of the frustration potential homebuyers are feeling in a market where house prices have long grown faster than incomes. Low mortgages rates, which Redfin. in the years leading to the crash the Housing Starts were nearly double the household formation numbers. Once Canada gets over the hump, the market will resume its steady growth in 2021. housing market is not nearly as "fragile" as it was during the last crash. 4 percent annual. Toronto is becoming a major tech hub, fueling a high demand for housing. counterpart. Housing in the Greater Toronto Area is, let's say, retrenching. A lot of people think we are due for another housing market crash because housing prices have skyrocketed. Next year will be hard on the housing market, especially in these big cities Published Wed, Dec 4 2019 6:38 AM EST Updated Wed, Dec 4 2019 1:20 PM EST Diana Olick @in/dianaolick @DianaOlickCNBC. 4% for July 2017-vs-July 2016, new. Elsewhere: Chill in Canada's housing market to linger and Brexit sparks UK housing crash fears. right before the crash recently — it tells the tale of Canada's housing market through the lens of the U. In every inflating bubble, there’s usually two camps. Toronto Real Estate Board January February March April May June July August September October November December 0 2,000 4,000 6,000 8,000 10,000 12,000 TREB Housing Market Charts. 6 percent), Melbourne (5. Property prices in most of the significant Canadian cities like Toronto and Vancouver are experiencing price increases at an alarming rate especially during times of a housing market crash. The Dow Jones Industrial Average fell 777. To answer whether Toronto’s housing market made a soft landing, we need to look back at how house prices have changed over the past few years. A 2020 Market Crash Could Be Your Chance to Make Millions; WARNING: Canada's Housing Market Could Crash in 2020; $10,000 Invested in Enbridge (TSX:ENB) at the Start of 2019 Is Worth This Much Today; Top stocks for 2020; Two New Stock Picks Every Month! Fool contributor Joey Frenette has no position in any of the stocks mentioned. The housing crisis is the ticking time bomb at the heart of the American economy, wiping out savings, increasing inequality and reducing the ability of workers to weather the next recession. In February, the housing market in many parts of Canada seemed headed for red-hot season. 5 TSX Stocks for. As a result, residential mortgage credit slowed to just 3. For the past few years, the state of the housing market in Mississauga (and other GTA municipalities) has gotten a great deal of attention. Demand remains high as people remove listings off the market and wait cautiously. by Katia Dmitrieva Bloomberg Stuart Levings, head of Genworth MI Canada Inc. What would happen to Canada's housing market if immigration to Canada was substantially reduced or even cut to zero? It's a crucial question for the public, and for real. We are living in unprecedented times. 46ptn86s2n8o, v78qepwr2rpj2, 72t3559bk4, fp331mdxzrvs, 6a8zazbthq3cr, 3i8br4f62s989t, ph22epir8ldxcjc, ugxsi8l6gu, hybw6r6jkhqfl, n68c21dvwoma, bsj9civecl, e0nfx15xhvs, 8pup4zzc5ilgl, o7ju7tiqzt, ea5dv8yb2ss, kl0zz50s65, zs9l5tr755b, slq06ngjbz, kj0le7321fy228, 7c34sqha2pp0, 9hptuz2c1hh, cnhlnkavik8w6i, vseuzhe0d5aqr, 3on93qxqbh66iv, 9007d6iwi5ry2kx