05/23/2024
The Lakelands West Real Estate market saw an increase in new listings and an increase in the average selling price compared to this time last year. The normal spring market did not materialize. In general it seems like the buyers are waiting to see what is going to happen with interest rates, and with inflation coming down we should see interest rates to follow and more buyers coming to the marketplace.
The firm buyers that are out there are looking for deals and the sellers who really want to sell are starting to align themselves with what the market price should be.
If you are interested in receiving the Toronto market report please reach out to me and I would be happy to send this along, it is always a good indicator on what may happen in our marketplace.
It is an interesting time in this market, and I would love to discuss your next real estate venture.
As always I appreciate any referrals and happy to help you, your family, and friends.
LAR Market Report - April 2024
Rick Wiles
Rick Wiles - Broker, 19 McKean Blvd, Nottawa, ON L0M1P0