Volatility in the Canadian housing market has prompted Properly to press pause on their Sales Assurance offers. properlyhomes | realestate realestatenews housingmarket Canada
Published:As many Canadians grapple with the inflated cost of living, leaving home-buying plans firmly on the back burner, it’s become a challenging time to be in real estate. The industry is decidedly downtrodden, and very few players have been exempt.
The update goes on to say, “This pause does not impact active clients who have an outstanding Sale Assurance commitment from Properly.”In November, the brokerage laid off 71 employees, citing the “new reality” of the nationwide housing correction in a issued to employees by Properly co-founder and CEO Anshul Ruparell. In the face of an uncertain market, the company has also held off on plans to expand across Ontario and British Columbia and into Quebec.In an email to STOREYS, a spokesperson for the company confirmed that Properly continues to operate as a full-service brokerage and mortgage team, and still offers Home Search and Instant Estimate digital products to their clientele.Stay tuned!Zakiya is a staff writer with STOREYS.
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