The last 18 months have made for volatile market conditions, but according to the Canadian Real Estate Association (CREA), there has been more stabilization across the county.
However, there is still lots of demand chasing a scarce amount of listings. As CREA’s Senior Economist and Director of Housing Data and Market Analysis Shaun Cathcart says in the latest housing market report, the market may remain challenging as we head into the twilight months of 2021.
As always, we will keep you posted on the pulse of the Canadian housing market. Check back next month to see October’s snapshot with the most up-to-date insights!
Remember, contact a REALTOR® for detailed information about your neighbourhood and its price trends.
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