If you are ready to buy a home this could be the time to jump into the market. Prices have remained low this last 2 months. We don’t expect this trend to continue.
Home buyers continued to push their advantage in November. Home buyers were able to secure deep discounts compared to this time last year. On average, home buyers paid $369,336 equivalent to a 4% discount over last year, although it should be noted that buyers paid premium prices in November 2017, to beat the lending rule changes coming into effect January 2018.
750 buyers purchased homes in November 2018 down by 155 units last year. This suggests that despite the outstanding deals to be had, many buyers are sitting on their hands…