New Mortgage Rules Do Impact

Posted by Teresa Mardon on Thursday, March 8th, 2018 at 9:20am.

RBC Nationwide Study

In our Edmonton market thus far one can feel the caution in the market.  If a seller wants to have success they have to strong consider sharpening their pencils on their asking price.  Not only do you have to be the shiniest penny in the batch, you must hold the most value.  What is my forecast for the coming months?  It will balance out.  I don't suspect we will have a blood bath, but one must track the market closely.  The experts are slanting it more optimistically in Edmonton, I tend to be more conservative in all matters.

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