Tom speaks with CTV about why month over month sales were down across Canada heading into 2018. Four important factors 1. Late demand in December of 2017 - many people looking to get in under the old mortgage regulations. 2. Low inventory to start the year. Less home available = fewer sales 3. Bank of Canada key interest rates went up halfway through January. 4. It was historically COLD! No...
Tom speaks with CTV about why month over month sales were down across Canada heading into 2018.
Four important factors
1. Late demand in December of 2017 - many people looking to get in under the old mortgage regulations.
2. Low inventory to start the year. Less home available = fewer sales
3. Bank of Canada key interest rates went up halfway through January.
4. It was historically COLD! No one wants to go to an open house in -25.
