Kingston & Area – YTD February STATS

Kingston & Area – YTD February STATS
Kingston & Area – YTD February STATS

I’m really scratching my head here. This looks very dangerous to me and it is no wonder that interest rates are on the rise but just not fast enough. If you are thinking a “new build” is that way to go… think again.

There are no homes available until 2022. Yes… all sold. FEB alone saw 30 “TO BE BUILT” homes sold with avg. price $582,000 possession late 2021/2022. A recent release of 15 lots had 30 offers presented in one day. I’m lost for words.

It is not impossible to buy! To keep it all in perspective, sellers are the winners. It just takes more patience and planning. Give me a call to see how we can structure your next move!