They expect potential buyers to start hunting for a home because the Bank of Canada has eased up on interest rate hikes.
With Canadian Real Estate Association data showing average prices have dropped 19 per cent from their February peak of $816,578 to $662,437 last month and BMO Capital Markets' chief economist predicting they will bottom out after falling 20 to 25 per cent, realtors see many edging toward a purchase once more.
"We've started getting calls where buyers are just like 'I think I'll just adjust what I want, but I don't want to miss my opportunity."
In other 'news', your barber thinks you need a trim.
And in Toronto/Ontario, we need more housing supply and Trudeaus NDP party is trying to kill the developments. BTW, taxes go up April 1.