Real Estate News

Weekly Market Snapshot: January 1 - 12, 2023

We are hoping for more robust sales in 2023 compared to the last half of 2022. There should be plenty of pent up demand. The number of New Listings recently shows that sellers want to sell and move. Now we need the buyers to recognize and step up to take advantage of the options and lack of competition.

We hope that the Bank of Canada‘s next interest-rate change will be the final one for some time. Which can hopefully set the stage for more Buyer confidence.

Hope. Hope. Hope!

Selling first, then buying may be a consideration for people who are seeing lots of homes they are interested in.  If you know anyone considering selling, have them contact me to discuss.  An experienced, local professional should be your only consideration in this complicated market.

If you’re buying, conditions are good. Buyers now have options and time on their side.  There are some good deals to be had.

Please let me know if I can help in any way, I’m here to serve.

Be well everyone.

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Brian Lafazanos
Brian Lafazanos
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