Ryan Taylor

10th year real estate salesperson in Moncton. All opinions are my own.

[Ryan Taylor @rya_tay]

Uhh… I don’t know about that.

Statistics certainly do not back up ANY of this at all.

[Ryan Taylor @rya_tay]

49 power of sale listings so far this year in NB. Last year we had 84.

17/49 were bought between 2021-2025.

2 sold at least twice between 2021-2025.

Many of these are selling for much less than they were purchased for. One over $50k below not including fees/inflation.

[unusual_whales @unusual_whales]

BREAKING: Bank of Japan raises rates to 1% for first time since 1995

[Ryan Taylor @rya_tay]

@StraightFromDan It’s literally their job. What do you expect them to do?

[Ryan Taylor @rya_tay]

Less tax. A lot less tax.

[Terry Newman @terrynewman]

Good morning, well-informed National Post readers.

In your opinion, what is one small change government could make that would drastically improve Canada?

[Ryan Taylor @rya_tay]

@SurvivingCrypto @Tablesalt13 @grok I think it’s an article NarCity put out but if so that’s from data released in January. Idk why this account likes to pretend to be a primary source.

[Ryan Taylor @rya_tay]

I think the single most important thing strategy-wise for sellers and buyers in Moncton is to put all emotions aside.

Buyers and sellers are both just trying to maximize equity.

[Ryan Taylor @rya_tay]

Is 91% a low offer? Sure, but I’ve submitted far worse offers than that in far hotter markets that at the very least got counters back. It’s a starting point.

I can understand rejecting it, but waiting til the last minute to reject it just isn’t the way to handle that.

[Ryan Taylor @rya_tay]

Submitted an offer at 91% of asking price on a listing for a client. Over 2 months on market. Pre approved.

Seller waited till the very last minute and rejected it.

I can understand that if it was like 85%, but 91% is a perfectly fine starting point with that many DOM.

[Ryan Taylor @rya_tay]

Other predictions from my video:

- Buyers’ market this year, as early as May, but most likely July.
- Price dropping
- Sales dropping and new listings rising

We did not hit the buyers market in May, but the prediction is still alive.

[Ryan Taylor @rya_tay]

Just do be clear, I did not predict Moncton would hit these numbers.

I predicted that SJ and Fredericton would do well, and that Moncton would do worse. I figured we’d be in the mid 6% range, not the 7-8% range.

[Ryan Taylor @rya_tay]

GMA / Moncton unemployment at 8%. Almost surreal to look at.

[Ryan Taylor @rya_tay]

3 days into May:
- 237 New Listings
- 148 price drops
- 21 cancelled
- 137 sold
- 9 withdrawn
- 70 expired

[Ryan Taylor @rya_tay]

@skeeys_ @AdamGrosbard Underrated role playing NT. Was with KC and Seattle I think. Won’t show up much on the stat sheet but a reliable IDL.

[Ryan Taylor @rya_tay]

Consumers with a mortgage have roughly $2k extra CC balance on average than non-mortgage holders.

[Ryan Taylor @rya_tay]

Average CC balance per consumer is $4481, up 2.2% YoY.

Highest CC balance group is the 621-680 credit score group, at $9230.

[Ryan Taylor @rya_tay]

Mortgage data:

- total balance up 3.6% YoY
- new average loan amount down 2.2% YoY and 4.5% QoQ
- delinquency rate (#) up 15.2% YoY, but at 0.22% overall

[Ryan Taylor @rya_tay]

Sub prime auto data:
- 12.3% of loans at 16.99%+
- 20.3% at 16.99%
- 67.4% at 12.99%

So 32.6% of subprime auto loans are over 16.99% interest rate. Yikes. That share is growing too, by quite a bit.

Last year it was 26.7%, and the year before was under 25%.