Falling Canadian Home Sales May Lead To Slowing Price Growth

As you could see from the graph I posted in my previous blog, the activity slowed down in the last 4 months. The statistics you are receiving in newspapers, usually reprint some analysts from big financial houses. An example is a Bloomberg-based article that quotes Shaun Cathcart, the national real estate bord's senior economist, who said:

"We are not returning to normal, we are only returning to where we were before COVID, which was a far cry from normal".

I completely agree, we are in no man's land...


Bubble or just organic secular growth connected to inflation?

 The Canmore housing market went within one month from a crazy binge to a screeching slowdown. For people who put the houses recently on the market, the big question is "Is it just a demonstration of relief of hundreds of thousands of Canadians taking finally holidays, being able to travel and breathe without a mask? Or is it a breather, and pause of the market before another busy autumn?  Or is it a beginning of the correction after a very long appreciation?". 

According to Better...

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