Why real estate agents are urging Canadians not to wait for spring to sell their house

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Rising mortgage rates could mean a spring slowdown for Canada\u0027s housing market

And this Great Real Estate Rethink continues: A new survey by real estate brokerage Royal LePage finds that 79 per cent of real estate professionals think sellers should list their homes this winter rather than waiting until spring 2022.

“Typically we see a seasonal adjustment in real estate activity,” says Adil Dinani of Royal LePage West Real Estate Services in Vancouver. “However, last year, we saw one of the busiest winter markets in our history. Even if there are fewer buyers in the winter, it is unlikely there will be enough inventory on the market to satisfy demand.”

“All things being equal, that’s a better time to sell your home,” he says. “That’s why agents will generally recommend that you wait to list in the spring market, when your home shows well and, frankly, when buyers are out looking to buy.”You may have noticed that the areas where the preference for winter listings were lowest are in parts of the country where winter can be especially brutal.

“We are still in a low-inventory market, especially for houses,” Langtry says. “I always say that the serious buyers come out in the snow storms.”Capitalizing on raging buyer demand is not the only reason to list your home this winter.Article content

 

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Yeah. They have a self interest in you selling your home. Take my advice don’t take their advice. Sell when it works for you.

Realtors always think that now is a good time to buy/sell. They never change.

Cos we need arr commishees gaddamit

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