July’s month of inventory numbers have confirmed that the real estate market has firmly shifted into a buyers’ market. With inventory levels continuing to rise, there is now a greater selection of homes available, giving buyers more negotiating power and flexibility in their purchasing decisions. On average, property prices have been trending downward month-over-month, further signaling a softening market. This price adjustment, combined with increased inventory, creates favorable conditions for those looking to enter the market or upgrade their current home. For sellers, it means more competition and the need to price strategically and present homes at their best to attract serious buyers.