The next Bank of Canada announcement tomorrow; July 24th may include a potential 0.25% decrease. Statistics are showing sales and prices are experiencing a normal yearly increase; however, the number of listings has risen significantly.
Market Shift Alert: Rise in Listings and Potential Rate Cut—What Buyers and Sellers Need to Know...
While advantageous for Buyers, Sellers may feel the impact as more listings appear... thus creating more competition. The market dynamics have shifted; Sellers are NO LONGER in complete control.
Although multiple offer situations still occur, they typically involve properties that were correctly priced from the beginning.
Accurate pricing is now more crucial than ever, overshadowing the importance of the product itself.
Experience the Difference with Candis Noble
Market Shift Alert: Rise in Listings and Potential Rate Cut—What Buyers and Sellers Need to Know... As a Top-Tier Real Estate Broker, and one of Montréal's Best Realtors, Candis Noble brings her remarkable real estate expertise and marketing finesse to the table. Candis Noble is unparalleled in protecting her clients through her diligence, attention to detail, and care; her experience in the industry; her understanding of market fluctuation; her presentation, staging, and marketing of her properties, and her ability to correctly determine property values in every changing market condition.
Have questions? Reach out today for your complimentary property valuation; with no pressure ever.
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