In fact, an expected market surge as homebuyers rushed to complete deals before those changes took place appears to have failed to materialize.
“The last three months have been our best months ever as a brokerage, and June will beat it.
Of course, one of the most significant unknowns for the Canadian housing market during the remainder of the year is how it will be affected by immigration.
“Realistically, we’re not going to open up to immigration until the end of this year,” he said, “and a little lull would be good for the market.
Some Canadians might also be adopting a wait-and-see approach, with companies across the country mulling how to organize their workforce when a full return to the office becomes a possibility.
“People are going to wait and see what happens with their jobs,” Stillman said.