The Demand for Home Ownership Remains Strong!
Though the rate of growth has moderated since the early spring market it still remains in the double digits. Historically, July and August tend to be slower months for the real estate market.
However, given that supply is low and demand is still high it’s likely we will see a robust market in the coming months. September, October and November tend to be some of the strongest months out of the year for real estate transactions. And given the fact that there is a backlog of immigration and the border restrictions are easing we expect the coming months will be a real estate feeding frenzy!
Furthermore, Canada will be accepting over 400,000 new immigrants in 2022. So, if you are waiting for the ‘right time’ to jump into home ownership with both feet – take the leap! We will be here to catch you!
If you are thinking of taking the LEAP or would like your own personalized market stats send us a message or leave a comment below – Let’s Chat!
The Demand for Home Ownership Remains Strong!
