The REINZ out in May revealed some flatness if we look at April compared to the month before. The stats compared to the previous year are heavily skewed as we sat through the 1st lock down back then.
On the coal face we can say that enquiries from investors are down. However auctions for homes targeting towards home buyers still face price pressure.
Demand is down yes, but in a lot of areas supply is still not quite there. Anything that has subdivision potential still sees upside prices pressure.
Could there be opportunities for pure rental type properties, especially where investors exit without a clear place to put their funds. Could they need to come back in after the dust settles.
