November, 2020
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It’s out there. Find the dotted line.
It’s out there. Find the dotted line.
Sales are down. Showings are down. The Bank of Canada cautiously held the lending rate – but indicated they may raise it again…or may not. Listings are increasing. Every week brings new information and with it, refreshed speculation. In real estate offices, clients call looking for predictions. Buyers are waiting and Sellers are hoping to […]
Read MoreWith 24.7% more sales this May over last May, the increase in buyer activity resulting in multiple offers per property and with inflation moving from 4.3% to 4.4% The Bank of Canada responded by raising the prime lending rate. This surprised many people in the banking and finance world and perhaps even the Governor of […]
Read MoreA month has passed, and the Spring market is upon us. The hungry chicks tell the tale. The Buyers can’t get enough. Notice the reduction in the number of listings from last year. Daily showings continue to hit record highs. Both the robust demand and the prospect of decreasing inflation has outstripped some of the impact of […]
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