Real Estate update with Steve

November 7 2022


Current Inventory 13,284 with 653 selling

We have been experiencing a great amount of activity on our current listings with showing after showing with some positive feed back with potential offers.  We will keep you posted !


There’s a great deal to unpack with

I talk about the:

A housing bubble burst would be worse in Canada than U.S.:
“Debt to disposable income in Canada is far greater than in the U.S. For every dollar Canadians earn, they owe $1.65 to debt, whereas Americans owe $1 to debt for every dollar they make”

Canadian home prices post record monthly decline in September: Housing index

“In a report released Thursday (https://housepriceindex.ca/2022/10/september2022/), it found that home prices fell 3.1 per cent in September, compared to a month ago.
This marked the largest monthly decline since the index was first started in 1999, and shattered the
previous record decline of 2.4 per cent in August.”


Did you miss our previous article...
https://trendinginrealestate.com/home-remodeling-trends/san-francisco-bay-area-home-prices-plummet-30-from-the-insane-peak