May 2016 - Ian Barnes - 25 years of Professional Real Estate Service & Results
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Ian’s Real Estate Rant

“From the desk of Ian Barnes. Relevant, topical real estate related opinions, thoughts and perspectives”

May 2016 - Ian Barnes - 25 years of Professional Real Estate Service & Results – Ian Barnes – 25 years of Professional Real Estate Service & Results

MARKET UPDATE May 2016

May 9, 2016

I stated last month that the market remains tight (listing numbers and Sales volumes). In early May 2016, this is still unchanged. The recent 0.25% basis points reduction in official interest rates is also welcome news for potential Buyers as well as existing mortgage holders on variable rates. The market can do with any positive news right now that is available.An impending announcement of a...