https://static1.squarespace.com/stat...-+May+2021.pdf
Latest REINZ stat's are just out. Highlights. No slow down in property prices due to Govt tax changes. National median price up 1.9% in May 2021 v April 2021.
Bigger picture is the National median is up a whopping 32.3% in May 2021 v May 2020, fastest rate of house price growth ever !
These dramatically higher figures will flow through to asking and resale prices of OCA units over time. OCA's share price is closest to NAV of any in the sector.
Despite the handicap of wages rising at much higher than Govt funding increases I am feeling more comfortable about OCA's medium and long term prospects now that we have seen the radical Govt tax socialism having little impact.
Disc: Bought a few more this morning.