Real Estate Minute with Steve-May 9

  Monday, May 08, 2023

Current Inventory 11,129 units up 5% since last week and sales down 13% (1387) from last week. Looking at year over year its interesting to notice the amount of inventory in April 2022 versus April 2023. This was the shift in the 2022 market that brought the height of the market down 25 - 30% and what were experiencing this April with 38% less inventory and similar sales. T

d Went there separate ways from the 12 billion dollar deal with First Horizon , leaving Td to pay 225 million dollars in fees but frees Td from a bad deal of over paying 2.05 times the value of First Horizon and limits the exposure to U.S Market.

With Job numbers coming in higher then expected and Inflation still at 4.3 % another policy rate increase might be coming are way the next BOC meeting June 7th.

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.