• September 2022 Market Update

  • Sep 29 2022
  • Length: 17 mins
  • Podcast

September 2022 Market Update

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  • Summary

  • Story at a glance:

    - Average Sales Prices Continue to trend downward.
    - August saw the first decrease in overall inventory month over month this year.
    - August saw the first increase in total sales volume month over month since peak activity this March
    - Buyer confidence remains low even though housing scarcity is still apparent in rising rents.
    - The BOC’s next moves are uncertain
    - The multi-varied equation of buyer demand for our peterborough region continues to shift based on several factors discussed in this article. 
    - We are yet to see a bottom in the market, and opinions about how close we are vary greatly. 

    Find Mitch:

    Website: www.MitchCleary.com

    Email: mitchcleary@century21.ca

    Facebook: https://facebook.com/mitchcleary.realestate/

    Instagram: https://instagram.com/mitchcleary.realestate/

    Twitter: https://twitter.com/MitchClearyPTBO

    Podcast: “The PTBO Housing Show” on all major platforms


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    Or email me at mitch.cleary@century21.ca
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