May saw a noticeable dip in the number of properties sold, highlighting a shift in momentum within the market. With more listings becoming available and fewer transactions taking place, we’re clearly seeing the signs of a buyer’s market.

What does this mean for you? If you’re thinking of buying, now could be a great time. With more options to choose from and less competition, buyers are in a stronger position to negotiate price and terms. On the flip side, if you’re selling, it’s important to price strategically and present your home at its best to stand out in a more competitive environment.