September Market Update
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September Month of Inventory
September’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 ...
Continue ReadingAugust 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 ...
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