Market Update - February 20 2025

The past month has been busy in the real estate market. In January and February listings have increased, and buyers are in a rush to purchase ahead of the threat of more tariffs. However, currently, the pace seems to be slowing as Canadians wait to see which tariffs are coming next.

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With the threat of more tariffs and other uncertainties, people are afraid of increased inflation, carrying costs and rising interest rates. However, nothing will stop the market since there are always reasons to buy or sell that cannot be avoided. What is important in this type of market is to know what buyers and sellers want and prepare a strategy to manage and navigate the market whether buying or selling. There is always a way and always opportunity in any market.

Have a great week!

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Check my weekly real estate column at www.westmountmag.ca called

REAL ESTATE TALK & STATE OF THE MARKET