Is the Halifax Real Estate Market Sustainable?
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Today's topic is about our current market conditions and our thoughts about the 2022 real estate market. Currently it is projected that we will be down by 16% in 2022. Has this trend started?
Personally, I have noticed that since July, showings are down as well as offers that I am receiving are not as aggressive as they were during the spring market. While YTD we have 1000 more units sold than this time last year, however the last 2 months, sales are down by 100 units. What are your thoughts of 2022? Will you sell or buy?