Last quote by Gregory Klump
In and around Toronto, many potential move-up buyers find themselves outbid in multiple-offer situations amid a short supply of listings. As a result, they aren't putting their current home on the market. It's something of a vicious circle from the standpoint of a supply shortage and a challenge for first-time and move-up home buyers alike.
Mar 15 2017
Gregory Klump has been quoted 5 times. The two most recent articles where Gregory Klump has been quoted are Canada home resales fall but price gains spark 'bubble' fears and Canada home resales rise in December -CREA. Most recently, Gregory Klump was quoted as having said, “Unless sales activity drops dramatically, the outlook for home prices remains strong in places that face a continuing supply shortage.”.
Quotes by Gregory Klump
Feb 15 2017
Unless sales activity drops dramatically, the outlook for home prices remains strong in places that face a continuing supply shortage.
Jan 16 2017
Home sales are unlikely to benefit the Canadian economy as much in 2017 as they did in 2016.
Jul 15 2016
In keeping with the law of supply and demand, exceptionally low inventory combined with high demand continues to translate into strong price growth in these housing markets, where year-over-year price gains have been running in double-digit territory since late last year.
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