August Market Update
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August Month Of Inventory
In August, inventory numbers showed a noticeable decrease in Months of Inventory (MOI). This decline indicates that more homes were successfully sold compared to the number of active listings carrying over into the next month. A lower MOI is often a sign of stronger buyer activity, suggesting that demand for ...
Continue ReadingJuly Month Of Invetory
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 ReadingMay Month of Inventory
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 ...
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