Real estate sales across the province have skyrocketed since the beginning of the pandemic, says real estate agent Cory Reid. Eight months later, the Newfoundland and Labrador housing market is still hot, and Hickey and his partner are still looking for a new home. 'Home is home'The Newfoundland and Labrador housing market broke records in 2020, and this year it is breaking records again. In an interview with CBC Radio's Newfoundland Morning, Deer Lake real estate agent Cory Reid attributed the busy market to an influx of buyers from other provinces, including Ontario and Alberta. Reid agrees the real estate market can be unpredictable but said he expects it to die down in the fall, since people usually prefer to move during the summer.

Source: CBC News August 13, 2021 19:30 UTC