December 2023 Real Estate Newsletter
Thursday Dec 7th, 2023
ShareOverall sales activity for the month of November was down 1.6% from the previous year. Interest rates have dropped, and the bank of Canada has left its benchmark interest rate unchanged at 5.0%. It is anticipated that interest rates will begin to drop mid next year. The number of listings in November 2023 has increased by 2.7% over November 2022. If you are considering buying a home in the next few months, it may be a better time to start looking today. With higher inventory and less... [read more]
