FEAR Stage is Almost Here as Return to "Normal" Stage Ends. 2023 Canadian Real Estate Market

FEAR Stage is Almost Here as Return to "Normal" Stage Ends. 2023 Canadian Real Estate Market

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Even With a 20 Year Low in New Listings, the Canadian Housing Minister felt it was a good time to buy another rental property. CREA National Stats from April, major resistance level has been reached, and the return to normal stage is looks like it's over. Inventory looks like it's increasing in many parts of Canada.

Link/references:

https://pm.gc.ca/en/mandate-letters/2021/12/16/minister-housing-and-diversity-and-inclusion-mandate-letter?TSPD_101_R0=0829fbd9ceab200031cea0effa989c9241208c4f165f75af94fe1627bcc9895bc3085dad1b126d1708f8cff451143000358668cb702cd070f21a0226d83b0c8a68ae575d46fdc114e3fa73c7cf8cfc02555d79ffab50649695591386bdd1cc7f

https://tnc.news/2023/05/10/hussen-rental-property/

https://stats.crea.ca/en-CA/

https://financialpost.com/news/economy/canada-inflation-rate-rises-more-than-expected


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