What a week it’s been. From a COVID standpoint, numbers keep rising; which is to be expected after the family gatherings over Thanksgiving weekend (as much as we tried to keep the gatherings to a minimum). I was told that today sparked the first instance of COVID showing up in the high schools with a positive test at Lo-Ellen. As I type this out I am trying to keep my fingers and toes crossed that this doesn’t escalate to what we are seeing in Southern Ontario; and that kids can stay at school which can keep our local economy moving forward.
From a real estate perspective, we saw a reverse in the trend we were becoming accustomed to in past weeks with more sales than new listings for the first time in a few weeks. The other biggest takeaway is the # of multiple offers was down significantly week over week and as a % it was off a cliff.
Tune in and listen to David's 5 biggest takeaways on last week's Sudbury real estate market activity!
HUGE thank you to everyone who came out to Kivi Park on Saturday! What a fun day of spooktacular activities and costumes! Don't forget to post a photo of your carved your pumpkins on social media! If you tag @kivipark and @lakecityrealtyltd - you will be entered into a draw and could win some SUPER AWESOME PRIZES! The winner will be announced on Halloween!!
Til' Next week!
