In this video, I'll be discussing the current state of the real estate inventory.

We've seen a significant increase in inventory, reaching 17,000 units, which is 8% more than last week. However, there has been a decrease in sales, with only 530 compared to 700 last week, resulting in a 25% drop.

I'll also be sharing insights on absorption rates and highlighting areas with high inventory.

Stay tuned for valuable information if you're considering buying or selling real estate.

0:00 Introduction

0:27 Inventory Increase

0:48 Decrease in Sales

1:09 Comparison to Last Year

1:53 Absorption Rate

2:26 York Region Inventory

2:58 Investment Property Considerations

3:27 Peel Region Inventory

4:02 Halton Region Inventory

5:07 Durham Region Inventory

5:39 Days on Market