Stacey Burrows - Real Estate report
February 2023

Stacey Burrows from ReMax Executive’s Realty discusses the current state of the real estate market. Stacy explains that the Bank of Canada recently increased the rate by a quarter percentage, cooling the market off and creating more inventory. She also states that the average home price settled in at $367,000 with an average of 44 days on the market. Stacy ends by giving her advice to both buyers and sellers, urging them to be decisive, yet remain aware of their competition.