Market Update: March 2016
Rochelle - The Genuine REALTOR® • March 5, 2016
March 2016 – Market Snapshots
Knowing your market takes time & having reliable resources to look to for the statistics you need. We provide these simple snapshots to give you an overview but real estate is very localized.
For information specific to your area , please reach out — we genuinely love to help!
BURLINGTON | March 2016
– Sellers Market
– Low inventory
– Expected to continue into April
Hamilton | March 2016
– Sellers Market
– Low inventory
– Expected to continue into April
Oakville | March 2016
– Sellers Market
– Low inventory – Expected to continue into April
Milton | March 2016
– Sellers Market
– Low inventory
– Expected to continue into April
Brantford | March 2016
– Sellers Market – Low inventory – Market Moving towards Balance {end of April/beginning of May}
What to note…
- There are no indications that the hot spring market is slowing down in all but Brantford’s market
- Low mortgage rates are driving buyers to find homes before their pre-approval expires
- Clients migrating west are helping to drive the sale prices up & will be an ongoing occurrence for the foreseeable future
NEED TO KNOW MORE ABOUT THE DIFFERENT TYPES OF MARKETS? LEARN MORE HERE…
As we mentioned earlier, every area will have it’s own localized market so please reach out if you are looking for more information — We’d love to help!
Keeping it genuine,
The Edwards Team
The Genuine Blog
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