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 ...
Continue ReadingJune’s inventory data clearly indicates that we’ve transitioned into a buyer’s market. On average, there are now approximately four months of housing inventory available, which suggests that buyers have more options to choose from and less competition when making offers. This shift in market conditions may result in more negotiating ...
Continue ReadingMay 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 ...
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