MARKET INSIGHTS & UPDATES

What Trends are we Seeing? From properties that are struggling to get a showing, to multiple offers on $2.0M+ properties and in the last 90 days seeing two +/-$5.0M sales which have been listed as long as 18 months the real estate market is as easy to predict as the weather. The Sales to New Listing Ration (SNLR) moved deeper into buyer market territory from June’s 38 per cent to July’s 33 per cent. Yet, sales increased from July 2024 relative to that of July 2023 by 3.3 p