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Real estate veteran: Durham's market is replaying 1989. Here's what it means

Summary by Simcoe.com
After 40 years in real estate, broker Lindsay Smith sees Durham’s housing market repeating the 1989 downturn. Inventory is climbing, sales are falling, and buyers hold the cards. History suggests a rebalancing by spring 2027.

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Simcoe.comSimcoe.com
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Real estate veteran: Durham's market is replaying 1989. Here's what it means

After 40 years in real estate, broker Lindsay Smith sees Durham’s housing market repeating the 1989 downturn. Inventory is climbing, sales are falling, and buyers hold the cards. History suggests a rebalancing by spring 2027.

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Simcoe.com broke the news on Thursday, October 15, 2026.
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