Slower housing market mixed blessing for those looking to move up property ladder

A cooling housing market has been good news for those looking to buy their first home, but for homeowners looking to move up the property ladder, the slowdown is more of a mixed blessing.

If you need to sell a home and buy another, the easing in the market adds complexity to your decision.

Davelle Morrison, a broker at Bosley Real Estate Ltd. Brokerage, says it depends on your local market when deciding whether to sell your home first or find your next home and then put your current place up for sale.