Some days the stories in the news drive me crazy. Here we are talking about a slow year in Regina home sales and then you see the above title without the word Canadian in it. I just added that word to clarify the info.
Yes we have low interest rates and they just got reduced again this week which is great for buyers. But they aren’t breaking down our doors to buy. Why is that? Still waiting for lower prices? lower interest rates? I really don’t know.
I was working with a wonderful first time buyer and after looking at quite a few places, asking a lot of questions and doing research, I thought this buyer was going to buy. But something still wasn’t right and no go. That’s how life goes. I believe in listening to your gut feeling and if the time is not right, then it’s not right.
Getting back to the Leader Post article from today’s paper, Vancouver and Toronto continue to drive the housing market in Canada. So what’s new?
And the prairies continue to face the toughest conditions in the wake of lower oil prices, but BMO says they’ve also shown signs of turning around or stabilizing in the latest 3 months.
PS How come they NEVER take a picture of MY signs?