AGENT LICENSE ID
M20001823
BROKERAGE LICENSE ID
10349
Julian Lau
Mortgage Agent
Office:
Phone:
Email:
Address:
7676 Woodbine Ave, Suite 300, Markham, Ontario
Will real estate market follow the stock market?
3/3/2021
We have had a good run at the stock market until end of February. It seems to have reached a peak at the moment. If you think the stock market has peaked for now, you might wonder if the real estate market will follow. Looking at The Case Shiller Home Price Index vs The S&P 500, there has only been 1 time they really correlate since 1987, during the financial crisis from 2009-2010. The real estate market led the stock market to a crash instead of the other way around. Many economists agree that there is little correlation between the stock market and the real estate market. The interest rate will probably have a greater impact.