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"THE NEW NORMAL"
Instant sellouts, double-digit price increases, rising interest rates, tighter mortgage rules, new government uncertainty, foreign capital restrictions, and a whole bunch of disappointed and increasingly frustrated would-be buyers. It’s enough to make you wonder if these headwinds will cause the major correction some consider inevitable OR are there market forces making this the new normal; should we ignore the noise, keep calm and carry on?
Michael has some thoughts…
Join Michael Ferreira, Principal of Urban Analytics, as he reviews events and trends that have led us to where we are today, and what we should expect during the next 12 months.