Welcome Year of the Rat

Jesse in Real Estate Trends Ratyr_3

Recently, Chinese New Year ushered in the Year of the Rat. Interviewed by the Globe and Mail, Paul Ng, a computer systems manager turned philosopher, warned of fires to property owners in southeast Toronto and suggested that Toronto’s hot real estate market will continue. 

Feng Shui Master Sherman Tai advises B.C. to expect a slow real estate market for the first half of the year, according to the Vancouver Province

Meanwhile south of the border, Grandmaster Hong Lui tells the Arizona Republic that the US real estate and mortgage plight will slightly recover in the New Year. Downsides to Lui’s accounts include an increase of violent storms and nature-related catastrophes.

Jesse Fleming is a freelance writer based in Toronto. Email Jesse

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