As mortgages and inflation reach all-time highs across Canada, Albertans selling real estate are using social media platforms to convince young Canadians to take the plunge into the housing market.

The financial return on each additional home added just isn’t that great right now.

The Federal Reserve’s year-long trend on raising interest rates seemed to finally be having an effect on the national real estate market. An 11-year span of increasing home prices finally came to an end, according to data released in March by the National Association of Realtors. But maybe not so much in the Adirondacks. Jay Realtor Mike Straight said he hasn’t seen evidence yet that higher interest rates are taking a bite out of the market. Bidding wars are still happening every so often, and offers are still coming in above the asking price — although maybe not to the » Continue Reading.

The median listing price for homes newly hitting the real estate market in May in New Jersey was $544,500, according to Realtor.com data.

For the first time in over a decade, Florida’s housing market has flatlined, and fewer home seekers are opting to move to the Sunshine State due to a noticeable decline in affordability.