It’s been the same story the past months ever since the interest rate hike hit us last year. However, we are starting to see signs that the market is getting active again:
- New listings are almost back on last year’s level. While low inventory is good for sellers, having it too low means that many won’t have a home to buy after selling.
- We are seeing pending sales selling quicker. Back in late December and early January, pending sales were few and almost all took well over 30 days.
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