Crisis of Vanishing Inventory in Vancouver's Real Estate Market: Exploration of Elusive Home Sellers
Canadian Inventory Crisis
The national housing market saw a sharp decline in January, with home sales falling by 37% year-over-year, marking the slowest January since 2009. But, on the flip side, the supply of new listings hit its lowest level since the year 2000, creating a housing market starved of inventory, driving up demand, and resulting in multiple offers popping up across the country. Join me in this week's market update video for more on Canada's housing market.