Lack of Inventory Still Driving Sales
You sure hear alot of contradictory information in the media. Here in Saskatchewan there is still strong demand despite the rising interest rates. If the house is presented well and priced spot on…. it sells very quick! The market is defintely normalizing to a more “normal” buying experience compared to the last 24 months. Some trends we are seeing is that houses are sitting on the market longer and often have a price reduction. So as a Seller it’s vital to nail the list price for fast sales, and as a buyer we can start to actually view more than one or two houses at a time! It’s ok to be picky!