Lindsay Reimers

August 2019 Market Snapshot

04 September 2019
Lindsay Reimers

❗️August Market Snapshot ❗️  

Competition between buyers has increased, which has led to stronger annual rates of price growth, most notably during this past spring and summer. Right now, the overall pace of price growth is moderate. However, if demand for ownership housing continues to increase relative to the supply of listings, the annual rate of price growth will accelerate further. This underpins the importance of solving this region's housing supply issues, which will go a long way to ensuring a sustainable pace of price growth over the long term. 

The fall market is here and housing inventory is expected to rise. If you've been thinking about buying/selling, reach out to me today to get the conversation started!