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Where Did All the Lumber Go? (Canada’s Lumber Shortage) | KT Confidential E93

On today’s podcast, episode #93, Ariel and Adrian discuss the lumber shortage across Canada and how that is affecting the real estate market.

With lumber prices on the rise we predict potential delays for new construction builds. With that delay we forecast an even greater demand for housing in a market that is already low in supply. With that increase comes biddings wars, multiple offers, and much much more. All of that and more on today’s episode of KT Confidential – Real Estate Podcast.

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Adrian Trott
Ariel Kormendy
Heather Karloff
Steve Bruman
Chris Behie
Jennifer Singh
Steve Cecchetto

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The founders, Ariel Kormendy and Adrian Trott, started The Kormendy Trott Team, a real estate team based out of Halton region in Ontario, after both being in need of a change from their successful careers in the automotive industry and both experiencing the lack of service being provided in the real estate industry. They kicked off their careers in 2011 and quickly became a top-performing team in the country, ranking 17th of approximately 200 for Century 21 in 2017; as a team of just the two of them compared to much larger teams. They decided that they needed to take their team from being real estate agents in Milton to the rest of the GTA and beyond by expanding and servicing more areas. The team has since grown to have an administrative arm, media department and successful sales team operating a smooth running and successful business. Follow them on social for behind the scenes info, real estate tips, industry secrets and more.

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