Loading ...The Chain is under pressure
Regarding RE.. In my immediate vicinity crickets on anything 1 mil + and a lot of product is lanquishing for months with buyers still thinking HAM will come to the rescue so holding on to high list prices. Not gonna happen with the cancellation of the IIP back in Feb of this year.. Sure tell is the 888’s in the price. I laugh every time I see a new listing plastered with 8’s which might have worked in the heyday but that boat has long sailed. . Some pockets under 1 mil which has CMHC backing still have activity. But all in all , I’d say the market is transitioning to a downward bias .Has been a long time coming. Much longer than I ever could have imagined.