Canadian Real Estate Is Moving From Pent-Up Demand To Pent-Up Supply

By External Author |

Canadian real estate inventory appears scarce, but that might be starting to change. Canadian Real Estate Association (CREA) data shows new listings grew faster than sales in March. A massive amount of sales are actually being met with even more inventory these days. Record sales are due to pent-up and pulled-forward demand, but inventory isn’t. This leads to the possibility that inventory could run longer than sales. If that were to happen, it would ease market pressures without government intervention.

Read More

Original Article Source Credits:   Better Dwelling ,

Article Written By:  Daniel Wong

Original Article Posted on:  

Link to Original Article: