Posted on
December 23, 2024
by
Nick Gagnon
Congrats to Trent on the purchase of his first home! I’ve always been a big fan of looking at homes around the slow months of the year, and we got a great deal, for a great guy, on this one!
Posted on
December 11, 2024
by
Nick Gagnon
Key Takeaways from Tiff Maklem's press release; core inflation is expected to stay around 2% over the next few years. Economy is in excess supply, and growth outlook is now softer than expected in October. The effect of lower interest rates has elevated household spending, and future cuts - will be measured 'one decision at a time', suggesting slower, smaller cuts moving forward.
Posted on
December 10, 2024
by
Nick Gagnon
November continued the strength of the residential real estate market we saw in October; sales were up nearly 46% compared to the slowdown of November 2023, with a very robust sales to list ratio of 78% (highest in three years). Months of inventory has slowly increased as expected for this time of year, but with a strong absorption rate and a projected jumbo rate cut tomorrow, the end of the year is looking to finish on a high note.
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