[refurb]

Yes, median sales price is down 25-30% since rates started going up.

That said, those same places were up 50-100% during Covid. But the latest drop bring them back to pre-Covid levels.

However, rates just went up 100 bps today and will likely go up by another 100 bps by year end.

Canada is looking at a major correction, but that said, the median price in Canada is 2x the US, so there is plenty of room to fall.