Some updates on the housing market. Interest rates are still a bit all over the place, so no big news there.
But what's interesting is the number of homes on the market is going up! This seems to be because even though interest rates are higher, some sellers are deciding to put their houses up for sale. This is happening even though the Bank of Canada hasn't exactly given the green light to buyers yet.
Now, for all you first-time buyers out there, this could be a great chance! With more houses on the market, you have more options and more room to negotiate on price. In fact, we've done some analysis that shows you could potentially save $50,000 by buying now at $650,000 instead of waiting for prices to go up!
If you've been thinking about buying a home, this might be the push you need. Let's chat and see if we can find your dream house!
