May 2020

What's Happening in Real Estate?

Posted on May 15, 2020

Not all markets were affected by COVID equally in March and April. Hotter markets stayed warm and the cooler ones remained cool. Overall sales activity dropped in March and April as buyers became more cautious as restrictions were implemented, and bank underwriters more careful.

Toronto sales decreased 67%, Calgary 63%, just as it was rebounding aft...

Read More