1. Months of Inventory (MOI) Is Rising Most home types across these cities have between 4 and 7 or more months of inventory, with condos often seeing even higher numbers. More inventory means more options for buyers and downward pressure on prices. 2. Prices Are Falling in Many Segments While ...
Continue Reading📊 October Market Snapshot October’s numbers show that most property types are now sitting in a buyer’s market. Inventory levels have continued to rise, giving buyers more choices and room to negotiate. 💰 Prices have seen a slight dip compared to September’s averages, reflecting a softer pace in sales and ...
Continue ReadingSeptember’s inventory numbers reveal a notable distinction between different property types across the market. For freehold homes, the data indicates that we are currently sitting in a balanced market, where supply and demand are relatively even. This means that neither buyers nor sellers hold a significant advantage, and transactions are ...
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