Real Estate minute with Steve-November 14
Thursday, Nov 16, 2023
In this video, I'll be giving you an update on the current real estate market. We have a high inventory of 19,500 units on the market, but we've also seen a decent decrease in inventory compared to previous years. I want to emphasize that if you're looking to sell, don't shy away from listing your home during the Christmas season. There's still lower inventory and less competition, which can be a good opportunity for you. I'll also touch on the recent bond sales by CMHC and how it might impact the mortgage lending market.
Chapters
0:00 Introduction
0:48 Benefits of Selling During Christmas
1:37 Update on Listings
2:24 CMHC Bond Sales