What the hell was that and can you please make it stop?
2021 was breathless from the outset. It seemed that overnight, people’s patience snapped and an overwhelming urgency took hold. Competition exploded and the lid flew off offer prices like a cat flies off a cucumber. While the penny dropped quickly, it was a problem that had been building for months. For some shocking perspective, look at the number of homes for sale in the Halifax Regional Municipality over the past four years:
- December 2018 | 2,055
- December 2019 | 1,298
- December 2020 | 626
- December 2021 | 214
This represents an inventory decrease on a scale larger than a blue whale. That’s big. What’s more, the number of sales has…
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