Comments on: Canadian Real Estate Sees Inventory Surge As Sales Plummet, Market Hits Balanced https://betterdwelling.com/canadian-real-estate-sees-inventory-surge-as-sales-plummet-market-hits-balanced/ Canada’s Fastest Growing Real Estate News Source Fri, 17 Jun 2022 01:39:35 +0000 hourly 1 By: David https://betterdwelling.com/canadian-real-estate-sees-inventory-surge-as-sales-plummet-market-hits-balanced/#comment-83779 Fri, 17 Jun 2022 01:39:35 +0000 https://betterdwelling.com/?p=20944#comment-83779 Homes in good locations and reasonably priced are selling. Those thinking they can cash in on a fixer upper still haven’t got the memo that the unsane market has changed. Quick to raise price very slow to reduce.

]]> By: GTA Landlord https://betterdwelling.com/canadian-real-estate-sees-inventory-surge-as-sales-plummet-market-hits-balanced/#comment-83766 Thu, 16 Jun 2022 20:15:09 +0000 https://betterdwelling.com/?p=20944#comment-83766 In reply to John.

That’s literally what a balanced market is.

]]> By: Sam https://betterdwelling.com/canadian-real-estate-sees-inventory-surge-as-sales-plummet-market-hits-balanced/#comment-83758 Thu, 16 Jun 2022 12:12:34 +0000 https://betterdwelling.com/?p=20944#comment-83758 loving it.

]]> By: Madmax https://betterdwelling.com/canadian-real-estate-sees-inventory-surge-as-sales-plummet-market-hits-balanced/#comment-83756 Thu, 16 Jun 2022 11:47:59 +0000 https://betterdwelling.com/?p=20944#comment-83756 Just a small advise to the speculators & investors Get out fast the Tsunami is coming.

]]> By: Jinx https://betterdwelling.com/canadian-real-estate-sees-inventory-surge-as-sales-plummet-market-hits-balanced/#comment-83755 Thu, 16 Jun 2022 11:37:23 +0000 https://betterdwelling.com/?p=20944#comment-83755 In reply to Mortgage Guy.

The ones in negative cashflow will be the first to fall once the layoffs come and their tenants stop paying.

]]> By: Yoroshiku https://betterdwelling.com/canadian-real-estate-sees-inventory-surge-as-sales-plummet-market-hits-balanced/#comment-83747 Wed, 15 Jun 2022 22:32:05 +0000 https://betterdwelling.com/?p=20944#comment-83747 Will Canada’s speculative housing bubble burst or just deflate like a sad balloon?

]]> By: John https://betterdwelling.com/canadian-real-estate-sees-inventory-surge-as-sales-plummet-market-hits-balanced/#comment-83746 Wed, 15 Jun 2022 21:23:15 +0000 https://betterdwelling.com/?p=20944#comment-83746 It’s not a balanced market. The surge in listings reflect the desperation of those that thought the prices would inflate forever. Soon those listings that recognize that the market has drastically changed will have to decide to lower the asking or pull the listing. Inevitably the market will loose value similarly to the last market cycle (90’s or if nothing bigger takes place). Those that took on unprecedented debt will learn a valuable lesson when they refinance, and be able to offer a valuable lesson to the next generation of uneducated buyers.

]]> By: Ali https://betterdwelling.com/canadian-real-estate-sees-inventory-surge-as-sales-plummet-market-hits-balanced/#comment-83744 Wed, 15 Jun 2022 20:44:59 +0000 https://betterdwelling.com/?p=20944#comment-83744 incoming 75 bps hike in the US too. Things are about to get messy.

]]> By: Erik https://betterdwelling.com/canadian-real-estate-sees-inventory-surge-as-sales-plummet-market-hits-balanced/#comment-83743 Wed, 15 Jun 2022 20:42:32 +0000 https://betterdwelling.com/?p=20944#comment-83743 Timberrrrrr.

Seriously. Lumber prices are falling and it’s glorious.

]]> By: Mortgage Guy https://betterdwelling.com/canadian-real-estate-sees-inventory-surge-as-sales-plummet-market-hits-balanced/#comment-83741 Wed, 15 Jun 2022 20:34:50 +0000 https://betterdwelling.com/?p=20944#comment-83741 Investors buy 25% of the homes and 25% of sales drop as soon as interest rates rise? Who would have thought?

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