June 2024

SALES COMMENTARY

This year’s spring market is proving far from traditional. The uncertainty surrounding when interest rates will begin to decrease has kept buyers hesitant and lacking confidence to re-enter the housing market. Additionally, the Government’s announcement of a change to the Capital Gains tax inclusion rate has added to the uncertainty...

SALES COMMENTARY

Typical of a seasonal spring, home and condo listings surged in April, up 47.2% from last year, and this trend is expected to continue in May. With the new level of supply, the market has shifted towards a more balanced state, with some sectors like condos leaning closer to a buyer’s market. The increase in inventory, providing more...