May Market Update
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May 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 ...
Continue ReadingApril Month of Inventory
In April, the real estate market broadly transitioned into what is considered a buyer’s market. This shift is reflected in the average Months of Inventory (MOI) hovering around four months across multiple regions and property types. An MOI of four indicates that, at the current pace of sales, it would ...
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