Quote:
Originally Posted by Sw0op
so you're telling me based on what they were asking..assuming it was fair and reasonable at the time....prices have popped 50% since July 2016 to October 2017??
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Honestly I didn't look at the numbers closely while shopping at No frills. ha.
Yes, they are being a bit hopeful. Over the last few years 25% over assessed almost seemed like the norm. People actually asking assessed values now shows a stabilization of the market. Thank god.
Prices have not popped. The fact of the matter is, detached houses are not selling for 25% more every year since implemented foreign buyers tax. The price did not pop. The assessed value caught up to the staggered actual value of the house.