House prices cool as buyers wait for lower mortgage rates
Average prices in Lakeshore County dipped 1.2% last quarter.
Estate agents say buyers are holding back, with the number of homes sold down 8% on the same period last year.
It is a buyer’s market for the first time in years.
First-time buyers, however, now make up a larger share of sales as prices in some suburbs become more affordable.
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About the reporter
Business correspondent tracking jobs, housing and the regional economy.
