Happy Monday Morning the market is shifting for sure current inventory 7500 units with 1747 units selling in the last week

We started to see multiple offers failing on listed properties on there respected offer dates and if the property happened to reach multiple offers, the turn out is very low and prices are not reaching the unstable amount that we witnessed prior.

If your a seller or better yet if your a seller that have purchased and your trying to time the market to capitalize on the market further the boat has left the dock its in your best interest to get to the market especially you committed to a property that you purchased at the peak.

If this is the end of the first wave of buyers and we are waiting for the second to pick up after the first just remember the 2nd wave will be faced with an interest rate hike as early as March 2nd when the Bank of Canada meets and the world in turmoil with war.