The 6061-T6 aluminum handle is black anodized.
There is also a front mounted safety to lock the blade. The action is smooth and lockup tight via the button lock mechanism.
#Houge droppoint series#
We expect benchmark prices will fall approximately 14% nationwide by next spring from the recent peak, with steeper declines (-16%) in Ontario and British Columbia, and milder corrections in Alberta and Saskatchewan (-4%).Hogue Knives' EX01 Tactical Folder from their Extreme Series is now available as an automatic opening knife. Rising rates will intensify affordability issues in the near term and sustain heavy downward pressure on home prices. We think resales have plummeted to such low levels in many BC and Ontario that they will soon reach a floor. We see this depressing demand further though some markets may have more limited room to fall. The sharp interest rate increases to date and likelihood of additional hikes in the coming months-we anticipate the Bank of Canada will take its policy rate deeper into restrictive territory to 4% by December-will continue to hold back buyers. We expect home resale activity to stay quiet in the coming months from coast to coast.
Winnipeg had seen some of the larger price increases of the Prairie region earlier in the pandemic. Edmonton (down 5.3% since peak) and Winnipeg (down 6.0%) were two markets that had similar trends than the rest of the country. Calgary’s index even edged higher by 0.3% last month after levelling off through the spring and summer. Saskatoon’s index fell 0.6% in September for the first time this year. Regina’s MLS HPI is off just 1.6% since its April peak. This reflects stronger provincial economies, the resumption of in-migration and relatively affordable properties. The erosion of prices is modest in many Prairie markets. John’s remains one of the few markets bucking the broad softening trend but this may not be for much longer as demand-supply conditions are easing. Fredericton (-2.6%), Moncton (-2.0%), and for the first time last month, Prince Edward Island are also past their peak prices. Saint John isn’t far behind, recording a 6.4% drop over three months. Halifax to date has seen the sharpest price correction in the region with its MLS HPI falling 6.8% over the past five months. Home resales in Canada (at 419,900 units on a seasonally adjusted and annualized basis) are the softest in a decade and likely to stay that way for a while longer.Īfter holding firm through late spring-early summer, property values are now coming down in much of Atlantic Canada. Activity is now below pre-pandemic levels in all provinces except Alberta, Saskatchewan, and Newfoundland and Labrador. While Prince Edward Island (-10.8%), Nova Scotia (-8.1%) and Manitoba (-6.6%) saw the largest drop last month, it’s been British Columbia (-47%), Ontario (-41%) and Alberta (-41%) that fell the most in the past seven months. This puts the correction at -36% since February. September marked the seventh-straight monthly decline in home resales in Canada (down 3.9%). That said, activity in Ontario and British Columbia may be closer to stabilizing (though not so much for prices due to persisting affordability issues). And with further interest rate hikes likely on the way in the coming months, we expect more of the same in the period ahead across the country. Demand-supply conditions generally eased some more. Both activity and prices continued to trend lower in the vast majority of local markets. September data gave few indications the bottom is near. Canada’s housing market’s downturn has longer to run.
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