Quote:
Originally Posted by Clarkey
I went from 30 showings on my house in the first 3 weeks to maybe 3-5 in the last 3 weeks. I believe the market suddenly changed within that time period. I don't know if it's interest rates or general investment fear but there is definately something going on. My agent said that he has had no showings on any of his listings.
|
It's partly just the reality of a listing getting older, but I think there's definite truth to things slowing down.
All of the new developments we are selling in BC got really slow all of the sudden about 2-3 weeks ago. Everyone sort of stopped looking for homes at the same time. I think fear or rates, fear of general investment and in our case fear of HST are all to blame.