New home construction stats are down. While it doesn't seem like good news, fewer "starts" affect the supply & demand ratio - a good thing for the resale market.
According to CREA data released today - Nationally the Resale Market is trending quieter this season, more like a summer lull. BUT, no matter what the stats, it still comes down to the neighbourhood and even which side of the street. As always, for skilled advice that makes sense of our neighbourhood and City trends - call me anytime.