Economist on real estate: Sellers need to reset expectations

BMO economist Robert Kavcic says that sellers need to 'reset their expectations' and be prepared to accept lower prices as demand plummets.

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17 comments

  1. Sellers should not be worried, they already have their investments, and they not gonna sell at the loss regardless. It’s the buyers, who should be worried with sky high interests rates.

  2. I just reminds them their top level one more level smaller avengers hahahaah vandazals teams big avengers smallers they warning hahaaha I just show them this field this parts right infront of u if u had brain u already could fix for more important purpose I kept it hide today I’m in Vancouver this v makes issues now is time I see some bigger sizes behind busses my neck it’s selves yellow page bolt means I’ll show ur green

  3. Now vandaizal John Cena rock one side put old matrix too mix them together bring avengers ready for show ??? High voltage generals

  4. wouldnt we just run a full circle if we see home prices drop back down to what they were pre pandemic (although still very high) and lower interest rates again?

  5. Fingers crossed that we have our own ’08. Let it crash and burn and leave those who caused the problem by over bidding on homes to live with the consequences.

  6. The market is just experiencing initial fatigue, headache, and irritability.

    Chills, Shivering, Shakiness, Sleeping difficulties, Sweating, Tremors, Vomiting are on the way. Oh yeah.

  7. Housing is a long term investment. If you don’t need to sell right away it’s best to wait things out. Don’t panic sell.

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