October stats are in and it’s been another month of holding steady, despite the looming recession.
I know many are worried but it’s impossible to predict how severe it will be or how long it will last. Historically, house prices tend to fall when there is a deep and prolonged contraction in the economy with rising unemployment and inflation however with inventory continuing to stay low, the Waterloo Region Real Estate Market is more balanced and therefore house prices are remaining stable.
If you have any questions or concerns, please reach out to me…I’m happy to connect up.