I may be smiling in the cover photo, but this topic does not make me smile!!
Prices have rebounded upwards by 10% since January of this year. Interest rates are no longer scaring buyers away from purchasing. Sellers don’t want to sell when they’ve locked in a rate lower than the current posted rate. Tons of new immigration into Canada. So what happens? An inventory crisis!! We’ve seen this before, but not to this extent. If you’re looking to buy right now, buckle up, it’s tough out there 😓