I’m about to walk you through the usual Saretsky Report where we highlight all sorts of charts and data points pertaining to the housing market. What I want to emphasize is that the situation is changing rather quickly. A war has erupted in Ukraine, commodity prices are ripping- adding to inflationary pressures, and the Bank of Canada has begun raising interest rates. To suggest it has been a busy few weeks would be an understatement. All of this to say that real estate data works on a lag. The housing market is beginning to turn and that will not show up in the data for perhaps another month or two. So what exactly are we seeing?