Sales in Barrie Real Estate Market Are Way Down
For the month of May, in the Barrie Real Estate Market, home sales are way down from the previous year. Sales are slightly close to the slump that the Barrie Real Estate Market had during the slump of 2008. The exact numbers of house sales will not be out until late Friday but it looks to be close to a 40% decrease over last year.
Yesterday’s interest rate hike by the Bank of Canada I feel was a bad move. It will slow the Barrie Real Estate market down, when it it has already been low for a number of reasons - Europe crisis, the H.S.T, uncertainty of tates, overly hot month of may & bottom line is if you are not sold within the first 3 weeks, reduce or stay on the market.
If you have any Real Estate Questions, Looking to Buy in Barrie or Simcoe County Area, Or Looking To Get A Free Market Analysis On Your Home or Would Like To List Your House For Sale, please call myself at 705-791-5004 and I would be more than happy to help you with any of your real estate needs.