Peter Leipnik
๐ค SpeakerAppearances Over Time
Podcast Appearances
They want to move.
But yes, the volume is lower because I think people have put off some of their plans.
Yeah, look, I mean, the interest rate and I mean, the whole global economy is affecting it, not just the interest rates.
There is a whole, a lot of factors that are coming into it.
I feel like the price bracket kind of above that 15, 20, so call it the trophy home market.
I think that has been the least affected, but it still has been affected in some way or another.
The confidence from the developers in the past few years has been extraordinary.
They've been hit now with the cost of building going up.
We're even seeing a few people that have gotten quotes on their builds.
Sometimes it makes it unfeasible for them to go ahead with their projects and they're just going to sit on to their properties that they've bought.
I need this one.
All right, Craig, thanks so much for having me again.