Will October surprise us and slow down, calm down?
September a repeat of August?
In this month’s episode of ‘How’s the market’ I show you that September was a repeat of August, but early October is not a repeat of early September. Does this mean that the market has crested? I suppose we won’t know for sure until we get a little more data. We’ll know for sure by mid-november (next video).
Business as usual
The LP/SP ratio and the supply of homes has remained consistent over the past 8 to 10 weeks. The incidence of Bully Offers has decreased recently.
How will the Autumn season play out?
With one more good month left in the year for sellers to sell and buyers to buy, it will be interesting to see how the end of the real estate season plays out.
Video link
Real estate predictions for the end of 2020
Kitchener-Waterloo real estate news
