Home sales, listings, and prices in July experienced a slight rise when compared to the same period of 2022. Despite the year-over-year uptick, the market's cooling trend persists due to the ongoing influence of limited inventory and the upward trajectory of interest rates. However, it's important to note that Summer typically brings a slowdown in the market as well.
What's in store for the remainder of Summer and heading into Fall?
Check out Alex's video for his thoughts on today's market!
If you want to know more about what’s going on in your neighbourhood or one you’re interested in, book a time to chat - we’re here to help.