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Scary Situation For Sellers

This Post Has 5 Comments
  1. From the first 19 minute video:

    National Prices Down $187,000 (23%) Buyers & Sellers Battle it Out,
    Jon Flynn Broker of Record, Flynn Real Estate Inc.
    Aug 16, 2022 This week I go over the further declines in the Canadian Housing Market as the National average loses $187,000 or 22.9% from the February Highs. I discuss the CREA Statistics, Mortgage/Interest Rates, Bond Yields and of course give my opinion of what’s happening and what might happen.

    The second 11 minute video:

    Prices are coming down – August Mid-month Housing Market Update | Temecula/Murrieta/Menifee Valley
    Aug 17, 2022

    The third 4 minute video:

    CLIENT EXPECTATIONS in the downtrending housing market
    Jamie Stokes Real Estate
    Aug 16, 2022 a quick video on what i’m noticing in the current market. Price reductions, houses coming off market because of unrealistic expectations. Sellers think they can still get high prices and buyers think they can score a deal because the market is going down.

    The fourth 14 minute video:

    Scary Situation For Sellers In Brampton, Mississauga & Durham Real Estate – Aug 10
    Team Sessa Real Estate
    Aug 17, 2022
    Brampton, Mississauga, Ajax, Whitby, Pickering Real Estate Market Report for the week of Aug 4 – Aug 10, 2022.

    The last 6 minute video:

    Toronto’s Roller Coaster Housing Market. A 2020 to 2022 Timeline.
    Aug 17, 2022 Toronto area real estate market went on an extreme bull run for 2 years straight breaking record after record. Would it come to an end?
    Even outer markets such as Niagara and Durham saw record home sales. We start at 2020 and see the rise and fall of the Toronto area real estate market.

  2. ‘While inventory is up, home prices in some areas are still on the rise. That just means there are plenty of options for families that need a lot of space and a Dallas ZIP code in this week’s Open House Roundup.’

    ‘The median home price in Dallas-Fort Worth is about $426,000, up almost $100,000 from this time last year according to a RE/MAX National Housing Report issued in June. Dallas buyers know they’re going to pay a pretty penny, but they also get a lot of house and a ton of amenities if they’re willing to open their wallets. ‘

    ‘The homes open for tours this weekend are above the median price range but still come in at less than $1 million, with all the lavish luxury of an opulent Dallas mansion. All three featured homes have dropped in price since they’ve been on the market.’

    https://candysdirt.com/2022/08/18/luxury-living-at-less-than-1-million-in-this-weeks-open-house-roundup/

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