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BALANCED REAL ESTATE MARKET EMERGING

Home > Market News > Tom’s Blog > BALANCED REAL ESTATE MARKET EMERGING

LESS UPWARD PRESSURE ON PRICES

  • Photograph of Tom Whitfield
  • Parksville Qualicum Beach REALTOR®
  • Published: Jun 10th, 2018 at 6:38 pm

In May, the overall number of listings was up by about 20% over May of last year. It appears as though we may have begun a trend towards more balance between supply and demand, causing less upward pressure on prices. It's important to price your property competitively given the shifting dynamics in the real estate market.

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