Mortgage Stress on the Rise & Home Sales Start the Year Down - Monthly Market Update

In this month's live update, we break down the latest stats on low-rise homes and condos and what they're really telling us about today's market.  Our team shares what we're seeing on the ground - tight inventory, declining listing quality, rising power of sales activity, and a mix of sellers who've adjusted to current conditions and others still holding onto unrealistic price expectations. We unpack what this means for buyers and sellers navigating the market right now.  Plus, we dive into the Bank of Canada's policy rate, what it means to be in "neutral" territory, and why continued economic slowing and cooling inflation suggest more rate cuts could be on the horizon.   Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn Sign up for our email list to be alerted to the next online market update to join our YouTube session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar We hope you enjoyed this month's update and found it valuable. Thanks for tuning in - we'll see you next month!