Open Houses Sunday August 7

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Here are today’s Open Houses:
Click on these links for details: (more…)

No, the Federal Reserve does not control mortgage rates

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There is widespread misunderstanding about what drives mortgage rates. Indeed, I read an article recenlty on the National Association of Realtors website which stated that mortgage rates had risen sharply following the increase in the Federal Reserve’s interest rate.

Not so. (more…)

New Listings and Inventory Update

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Here are this week’s New Listings and the latest Inventory:

Click on these links for details: (more…)

Recession: what Recession?

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The August jobs report published yesterday showed that the labour market remained red-hot in July despite expectations job growth would cool as tighter monetary conditions and company layoffs stoked fears of a recession.

Here were the key numbers from the report, compared to economist estimates compiled by Bloomberg:

Non-farm payrolls: +528,000 vs. +250,000 (more…)

Open Houses August 6/7

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Here are this weekend’s Open Houses:

Click on these links for details: (more…)

August Inventory recovers to 2020 levels

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There has been a sharp increase in the number of properties for sale in the last few months, taking SFH inventory back to 2020 levels:

Single Family Homes

 

Condos
The number of Condos available has also jumped, but in this case still remains a little below last year’s levels:

(more…)

New Listings and Inventory Update

· by · in ,

Here are this week’s New Listings and the latest Inventory:

Click on these links for details: (more…)