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Originally Posted by ken0042
Speaking of the market going up (or not going up)- has anybody else noticed a bit of a slow down? Granted, my basis for thinking this is just in what I've been looking at, but it seems like the MLS list for Copperfield just keeps getting longer and longer, and the houses on there just aren't moving.
I wonder if we have hit a bit of a plateau?
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I'd be curious as well... I've read/seen reports that things are starting to "slow down" in certain areas of the city, with stuff staying on the market longer and not having bidding wars on virtually all new listings.
With that said however, I'd be interested in seeing whether the actual prices are slowing down... I'm sure the migration rate into the city is still sky high, with labor/material shortages for new home/condo construction still abundant. The numbers that are on MLS.ca can be deceiving because you don't know what the final purchase price is...