April 2023

Continued Low Supply of Inventory Favours a Seller’s Market

Since the winter months, there has been a noticeable improvement in sales and new listings, as is often the case with the arrival of the Spring market, with both up 58% and 87% respectively since last month. However, they have yet to reach the high levels in 2022.

Meanwhile, inventory level...

Sellers vs. Buyers - Both Think They Have The Upper Hand

Sellers and buyers have conflicting perspectives on the current condition of the market and how it will unfold in the coming months.. With buyers citing the increased borrowing costs, stricter lending criteria, and reluctance to purchase should bring prices down. Meanwhile, sellers feel the im...