The real estate market is continuing a trend of volatility that began in July when downward pressure on prices resurfaced; largely due to two factors: an increase in inventory entering the market and, the significant interest rate hikes enacted by the Bank of Canada. All indications are that a true ...
Continue ReadingThe real estate market is a dynamic space that has witnessed significant changes in the past 18 months, with market behaviours resembling those of the stock market. Typically, the stock market is associated with high volatility and risk that changes by the hour, while the real estate market is generally ...
Continue ReadingWhat does the fall 2023 market have in store for us? Well, as we look into the crystal ball of the real estate market’s future…unfortunately, we don’t have one! No one does. However, while there’s always so much that falls under the banner of “the unknown”, there are some things ...
Continue ReadingA Repeat of Summer 2022? A review of last year’s August market update reveals startling similarities to this year’s current market conditions, with just one caveat: price. We have made up significant ground in one year. But will it stick, or will a similar erosion of gains occur once again, ...
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