Not sure if first world problem, $850 for 3 bed town house sounds real cheap.
But yea I feel like prices peaked a bit late Feb right before Putin started the war and rates went up. I think ppl are holding off right now as Coronas isn't real, you can flee communist Canada now and there's that cooling thing coming up. I think ppl are just waiting it out to see what happens. I doubt existing home owners are hurting to sell. If prices ain't favourable there's no point to sell and what are you gonna rebuy.
I was talking to a realtor today and he said things are sitting on the market for longer but it's cuz there's more listings. He said realtors are already coming up with ways to skip the cool down policy
