Market Update: Real Estate Trends and Insights for Durham Region Buyers and Sellers
Description
In this episode, Chris provides a comprehensive market update on the real estate landscape in Durham Region. He discusses the impact of economic factors such as interest rates, inflation, and changes in mortgage guidelines from the Canada Mortgage and Housing Corporation (CMHC). Key trends in new and active listings, average days on market, and price changes are analyzed. Chris emphasizes the importance of understanding these trends for both buyers and sellers, offering insights into current market conditions and potential future developments.
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