Canadian Real Estate Markets Show Signs of Recovery

March 27, 2023 by Claude Jobin

Based on the Canadian Real Estate Association’s February 2023 statistics CREA CAFE’s Shaun Cathcart, Director and Senior Economist, Housing Data and Market Analysis can see subtle signs of an earlier than anticipated recovery of the real estate market. This conclusion comes after analysis of the following factors:

Sales-to-new listings ratio
Months of inventory
Prices
MLS® Home Price Index

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We were selling our home and Molly brought her client to view it knowing it would be a home that they would be interested in....which by the way they were as they did end up purchasing. It was our fortunate luck that we met Molly through this endeavour. My husband and I were selling our house with Grapevine and as we are not experienced sellers there were a few times we were very close to just taking it off the market and staying here. Her experience, knowledge, kindness to us, her understanding that this was a difficult decision especially for my husband made the whole difference for us. Molly's professionalism and expertise, her ability to 'walk a fine line' while working for her client and yet to be so kind and gentle with us was amazing. We feel the whole experience gave us the opportunity to meet and talk with Molly and to value her knowledge. You can be assured that we will highly recommend her to any of our friends who need a conscientious, honest, trustworthy realtor. Sadly we will miss talking with Molly but we only wish her the very best in the future and say 'thank you Molly' for all her help and support. Sincerely, Lenore and Ralph

Canadian Real Estate Markets Show Signs of Recovery

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