The number of sales from last month were down year over year. Much of this can be attributed to a general lack of listings but also due to the harsher mortgage stress tests that buyers are now subject to. Interesting to note that prices are still rising. Please have a look at the infographic below for a visual take on what's currently happening with our housing market and for additional info, check out the video below for a more in-depth analysis. For further questions or concerns, please don't hesitate reaching out to me directly.
