Posthaste: Five market predictions in the wake of the ‘hottest year in Canadian real estate …

Low inventory of homes for sale proved a major driver of prices in 2021.

With one trading day left, the S&P 500 was set to end the year more than 27% higher, with the Nasdaq up about 23% and the Dow’s annual rise just shy of 20%.

Insurance site Hellosafe worked out a scenario based on the number of daily infections in Canada passing 10,000 and calculated that Canadians actually will spend $211 less because of COVID, cutting the expected rise in Christmas spending by about half.

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