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Are you worried about buying a home in Canada only to see prices drop tomorrow? It feels like everyone is trying to time the market, waiting for interest rates to come down or for prices to bottom out. But getting the timing wrong can be a costly mistake. 𝗟𝗲𝘁 𝗺𝗲 𝗳𝗶𝗻𝗱 𝘆𝗼𝘂 𝘁𝗵𝗲 𝗽𝗲𝗿𝗳𝗲𝗰𝘁 𝗥𝗲𝗮𝗹𝘁𝗼𝗿! 📆 𝗕𝗼𝗼𝗸 𝗮 𝗺𝗲𝗲𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗺𝗲! https://calendly.com/matthewpfeifer This video is for the unsure buyer who is thinking about buying a house but is worried that now is not the right time. I'll pull back the curtain on the key statistics and trends that can give you insight into where the market might be heading. In this video, you will learn: The three types of real estate markets: Buyer's, Seller's, and Balanced, and what they mean for you. The three key metrics professionals watch to predict price movements: Sales to New Listings Ratio (SNLR): The leading indicator that is usually the first to signal a market shift. Sales to Active Listings Ratio (SALR): A measure of how many sales are happening relative to the total number of homes for sale. Months of Inventory (MOI): A calculation of how long it would take to sell all available homes if no new ones were listed. A real-world example from Toronto in April 2022 that shows how these metrics can be misleading if you don't look at the trends. The ultimate secret to timing the market perfectly, which has nothing to do with charts and everything to do with YOU. I'll walk you through the three crucial "boxes" you must be able to check before you buy: Your Employment Your Finances Your Lifestyle Trying to wait for the "perfect" market conditions is a blind spot for many buyers. The truth is, you don't know it's the bottom of the market until it's already in the past. The perfect time to buy is when it makes sense for your personal situation. ⬇️ FREE RESOURCES FOR YOU ⬇️ Thinking about buying a home? Whether you're in Regina or anywhere else in Canada, I can help you connect with a great agent. Book a no-obligation discovery call with me to discuss your personal real estate goals. [0:00] Buy at this TIME for over $500,000 increase in value. [1:40] Welcome to The Market. [2:19] The Trends that Matter. [2:45] Sales to New Listings Ratio. [3:25] Sales to Active Listings Ratio. [3:50] Months of Inventory. [4:25] How did the Trends "LIE" to Toronto in 2022? [5:50] Should you buy RIGHT NOW? [7:24] The Truth. (how to ACTUALLY time the market.) My name is Matthew Pfeifer, and this is Bald Prairie Real estate, a Canadian real estate channel. I am a REALTOR® in Regina Saskatchewan working for Royal LePage Next Level. In over 10 years working as a real estate agent, I have seen both ups and downs in the market. But there is no real estate market that you cannot buy or sell a house in. Often the media tries to present a Canadian real estate market, or they talk about the real estate market in Canada as if there is a national real estate market. The real estate market in Canada is very regionalized and local, which is why my monthly Canadian real estate market does not just look at the national statistics, or updates that cover Vancouver and Toronto only, but other individual cities like Calgary, Halifax, Montreal and more. The very local aspect of the Canadian real estate market is why it can be so hard for governments to craft policy for the "Canadian" real estate market. Being from Regina, me and my team specialize in the Regina real estate market and have a much different approach and outlook on Canadian real estate than a REALTOR® from a larger market like Toronto or Vancouver. I cover first-time home buyer topics, tips for selling your home, how to buy a house in Canada, monthly Canadian housing market updates and weekly Canadian real estate news recaps. #canadianrealestate #timingthemarket #realestateinvesting #homebuyingtips #firsttimehomebuyer #reginarealestate #housingmarket #realestatemetrics