March 2023

Buying an infill with a legal basement suite is becoming more popular as housing is getting to be more expensive and interest rates are on the rise. They allow a homeowner to subsidize their mortgage payments with rental income, making home ownership more affordable. We are also seeing a lot of investors examining an infill with a suite as an attra...

New infill sales remain steady while supply drops below long-term averages.

Single-family new infills posted 30 sales during the month of February, slightly down from the 33 sales recorded last month and down considerably from the 43 sales posted in February of last year.

Single-family new infill inventory increased further, to 165 active listings, f...