Realtor1 the cmhc is seeing strong downtrends in the market. Are you seeing the same thing? Is it only for luxury homes? Are you finding people are finding opportunities elsewhere? Are the sit on the sideline people still sitting on the sidelines?
For those sitting on the fence i think a small opportunity was missed when lending rates went up this month. I don't think the bank wants to see those kind of rates again.
http://www.cbc.ca/news/canada/calgar...2016-1.3422069