Current Market Conditions

If there is anything true in the real estate business, it is that it never stays the same for long.  We've been extremely busy for a few months, with a noticable increase in prices.  However, changes to rules at CMHC and the slight rise in interest rates have caused a bit of a cooling effect.  I personally believe prices will stabalize for the remainder of the year and we'll feel more of a balanced market.  Unfortunately, there is still little product available, so I suggest you pick an agent and expect that agent to call you as soon as something new hits the market. 

Lynn Chipley

Lynn Chipley

Broker/Owner
CENTURY 21 Border Real Estate Service (2000)
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