I accidentally linked the July video in some email blasts. Sorry! I meant to use this link for August 2022.
But continue on this page of you wanted to see what happened in July. Click the above link for August.
For my latest market update, I share a few key indicators of how the market has responded to the April interest rate hike:
“Days on Market” – this is how long a listing sat on the market before going under contract. While the sold listings have yet to reflect the impact, the pending sales are more of a reflection of what I’m seeing out there. Once the July and August numbers are in, I expect closed sales to reflect longer times on the market before selling.
Number of Cancelled / Expired Listings – for almost all of the buildings a specialize in, we’re going to see a higher amount of listings taken off the market compared to 2021.
Sorry we are experiencing system issues. Please try again.