Real Estate minute with Steve-June 11

  Wednesday, Jul 12, 2023

15444 current inventory with 931 selling, first time we hit this amount of inventory since August of 2022, we are still in better shape then last just based on the lower inventory and still having more sales.

We noticed a slow down in the market with lower showings on our listings, all we can do is price adjust to get offers on the table.

AirBnb is in trouble The advice we give to clients is always base the purchase on long term rents rather then inflated Airbnb rents but the good thing we are cleaning up as ex Airbnb owners are not pulling in the income they're selling off their properties cheap giving our clients great opportunities to purchase .

July 12th 2023 expect another interest rate hike ! Have a great day !

MLS®
SEARCH

iChatBack
  iChatBack
x

Close

MARKET SNAPSHOT

Get this week's local market conditions by entering your information below.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

MLS®, Multiple Listing Service®, REALTOR®, REALTORS®, and the associated logos are trademarks of The Canadian Real Estate Association.

By using our site, you agree to our Terms of Use and Privacy Policy
SOUNDS GOOD

This website uses cookies. To learn more, see our privacy policy and you agree to our terms of use.