How did we get here? In this month’s episode of ‘How’s the market’ we look back at 2020, especially the last four months of 2020 to show how we got here. Essentially early January + Lockdown = Lack of supply of homes available for sale. I’ve never seen such a lack a inventory, ever!
Predictions, forecasts and best guesses for 2021, Canadian real estate forecast, Ontario real estate predictions, Kitchener-Waterloo best guesses, design trends, mortgage rates, luxury real estate, lockdown
It is certainly a seller’s market. With the supply of homes at its lowest level of the year, over the past three weeks, homes have been selling well about list price and the prevalence of bully offers has never been greater.