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The Sarnia-area’s real estate market felt the impact of high interest rates in August, says the president of the Sarnia-Lambton Real Estate Board.
There were 116 real estate sales locally last month, the fewest in August for the last decade, according to the board’s monthly statistics.
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There were 116 real estate sales locally last month, the fewest in August for the last decade, according to the board’s monthly statistics.
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A slowdown was typical during August before the pandemic, “but obviously for the last two or three years, nothing has been typical,” said board president Rob Longo.