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Originally Posted by spacemanrick

From yesterday's Globe and Mail. It would be great if we could see some significant price drops of at least 10% to 20%.

https://www.theglobeandmail.com/real...tpaces-demand/

EVEN if it drops 25%, it doesn't matter. Cash is king and everyone is SUPER scared holding on to their jobs.

No one is willing to make a move. The presell market tanked with 80k incentives, lack of movements.
Those with a job are waiting for interest rates to go down AND in the meantime, they houses they have to sell is really priced down.

There are easily 60-80 listings at a realty right now with lack of buyers.