The averages didn't fall this week... a miracle.Posted by Tony on Thursday, November 15th, 2018 at 9:07pm
That, we can likely attribute to the fact that there were several over one million dollar sales as happened last week.Posted by Rick on Thursday, November 15th, 2018 at 9:36pm
House prices look like they're hanging in there.
Would you be able to post a chart of price per sq ft? That would tell us if house prices are really holding up.
This is Canada.
People will pay as much as possible for a house as "RE always goes up".
Interest rates don't matter. People will cough up money from somewhere.
The slow melt is well underway and will continue into next year and beyond.
Remember, the average price stats are virtually meaningless and is really just an industry marketing tool.