05/06/2026
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Whatโs really happening behind the headlines? Letโs break it down ๐
Sales are upโฆ but consumer confidence is down ๐ค
With global uncertainty, rising fixed mortgage rates, and cautious sentiment, buyers and sellers are both taking a step back.
๐ The reality:
* Sales โ 2% year-over-year (first increase in 6 months)
* Still 43% below the 10-year average โ not a recovery yet
* New listings โ 17% (3rd straight month)
* Inventory tightening, but not due to strong demand
* Months of supply ~4.3 โ approaching balance, but still a buyerโs market
* Prices โ 6.7% YoY (14th straight month)
* Down ~22% from peak โ this is a reset, not a crash
๐ก What does this mean?
Momentum is building, but weโre not out of the woods yet. This market isnโt one-size-fits-allโstrategy matters more than ever.
For buyers: opportunities are opening up ๐
For sellers: timing and positioning are key ๐ฏ
If youโre thinking of buying, selling, or investing, letโs talk. Iโll show you where the real opportunities are right now.
๐ Mesfun Haile
(647) 718-6269
๐ง [email protected]