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Housing Sales And Prices Survive 2020

Real estate agents in Thunder Bay should be good to go for 2021 even during a pandemic.

Real Estate Bard President Andrew Lawrence tells us during 2020 they managed to learn how to do business with COVID-19 as a backdrop.

“I think we’ve got that down now and we’re working through and we’re doing things safely and systematically,” notes Lawrence.

He points out most of the transactions are done electronically now.

As for open houses which came to a halt at the start of the pandemic in March, Lawrence believes those will not return until there is herd immunity to the virus after everyone is vaccinated.

The real estate board president explains in spite of virtually no sales during March, April, and May housing sales in the city bounced back by the end of the year with the price of homes going up an average of six to six and a half percent.

  • Originally from southern Ontario, Jason found his way here and fell in love with the community and music scene of Thunder Bay over twenty years ago. In between various stints on radio, television and writing, Jason is a dad, a partner and (some would consider) a zoo keeper (seriously, he has a LOT of pets).

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