Dakno Content Blog

Tag: National Home Prices

  • Why Home Inventory Is Rising and What It Means For Buyers and Sellers

    We’re thrilled to share some exciting news about today’s real estate market! Home inventory, the number of homes available for sale, is on the rise, creating a vibrant and dynamic landscape for both buyers and sellers across the country. As of mid-2025, the supply of existing homes has climbed to approximately 4.7 months, the highest since 2016, with active listings soaring by over 30% in the first half of the year. This increase signals a healthy, balanced market that’s full of opportunities for everyone. Let’s explore why this is happening and how it benefits you, whether you’re buying or selling.

    Why Inventory Is Growing

    This surge in available homes reflects a market that’s adapting to new opportunities. More homeowners are confidently listing their properties, inspired by life changes like new jobs, growing families, or the desire for a fresh start. The “lock-in effect,” where owners hesitated to sell due to low mortgage rates, is fading as economic conditions stabilize, giving sellers the confidence to move forward. Meanwhile, new home construction is booming, with builders adding fresh, modern homes to the market, pushing new-home supply to nearly 10 months in some areas. This combination of existing and new homes is creating a robust selection, with inventory growing steadily for over 20 months and surpassing pre-pandemic levels in many regions.

    This isn’t a sign of a slowing market, it’s a sign of vitality! The market is moving toward balance, easing the “stuck” feeling that once made finding or selling a home feel like a challenge.

    Great News for Buyers

    For buyers, this growing inventory is a game-changer. With more homes to choose from, you have the freedom to find a property that truly matches your vision, whether it’s a cozy starter home or a spacious family retreat. Gone are the days of intense bidding wars and limited options. Today, you have the power to explore, compare, and negotiate with confidence. We’re seeing more sellers open to price adjustments, closing cost assistance, or even home upgrades, with price cuts on listings up significantly from pandemic peaks. This means better affordability and less pressure to compromise on your dream home.

    As your trusted real estate team, we’re here to help you seize this moment. From pinpointing properties that fit your needs to crafting smart offers that maximize value, we’ll guide you every step of the way to make your homebuying journey smooth and successful.

    A Golden Opportunity for Sellers

    Sellers, you’re in a fantastic position to shine! The rise in inventory doesn’t mean a flooded market, it means a healthy, active one where well-positioned homes attract eager buyers. Demand remains strong, especially for move-in-ready properties that stand out. With our expertise, we can showcase your home’s unique value through strategic pricing, professional staging, and targeted marketing to capture the attention of motivated buyers. This balanced market allows you to sell confidently, knowing you can achieve top value while moving on to your next chapter.

    Whether your home is a charming fixer-upper or a turnkey gem, we’ll work with you to highlight its strengths and connect with the right buyers quickly. The increased inventory simply means more opportunities to match your property with someone ready to call it home.

    Partnering for Your Success

    This thriving market is opening doors for both buyers and sellers, creating a win-win environment where dreams are within reach. The rise in inventory is breaking the gridlock of the past, making real estate more exciting and accessible than ever. Whether you’re ready to find your perfect home or sell your property for maximum value, we’re here to make it happen. Our team is dedicated to guiding you with personalized strategies, local expertise, and a passion for your success. Reach out today, and let’s turn this dynamic market into your opportunity to shine!

  • The Top 5 Things That Could Make or Break Your Home Offer This Summer

    Summer is one of the busiest times of year for the real estate market—and for good reason! The weather is ideal, school’s out, and buyers are eager to settle into a new home before fall. But with so many people actively searching, it’s important to make sure your offer stands out in a competitive crowd.

    Whether you’re a first-time buyer or returning to the market, these five factors could make all the difference between landing your dream home or missing out.

    1. Your Pre-Approval Letter

    Make it: Before you start touring homes, get pre-approved by a reputable lender. A pre-approval letter shows sellers you’re a serious buyer with financing already lined up—and that you’re ready to move quickly.

    Break it: Submitting an offer without pre-approval could cause sellers to move on to the next buyer. In a fast-paced summer market, hesitation can cost you.

    2. Your Offer Price

    Make it: In a competitive market, coming in with a strong offer—especially if the home is newly listed—can put you ahead. Your agent will help you analyze the local market and determine the right price strategy.

    Break it: Going in too low might save you money in theory, but in practice, it could knock you out of the running entirely. Sellers are often looking for clean, fair offers with minimal back-and-forth.

    3. Contingencies (or Lack Thereof)

    Make it: While some contingencies (like inspections) are important for protecting yourself, keeping your offer clean and simple can be a major advantage. Waiving minor contingencies—or offering flexibility on closing timelines—can appeal to sellers.

    Break it: Too many contingencies can complicate the process and make your offer feel risky. In a multiple-offer situation, sellers may lean toward buyers with fewer strings attached.

    4. Your Earnest Money Deposit

    Make it: A larger earnest money deposit (aka “good faith” deposit) shows that you’re committed to the purchase. It gives the seller confidence that you’re not likely to walk away without cause.

    Break it: A low deposit might make your offer seem shaky or non-serious, especially if others are putting more on the table.

    5. Your Flexibility and Timeline

    Make it: Being flexible with your move-in date or closing timeline can be a big plus for sellers, especially if they’re also buying a home or juggling a tight schedule. The fewer logistical headaches for them, the better your offer looks.

    Break it: If your timeline is rigid or includes multiple delays, it might be enough to sway the seller toward a more flexible buyer—even if that buyer is offering a similar price.

    Ready to Craft a Winning Offer?

    The summer market is hot—but with the right strategy (and the right agent), you can compete with confidence. If you’re thinking about buying a home this season, we’re here to help every step of the way—from touring homes to submitting the perfect offer.

    Reach out today to start your summer home search off strong!

  • Spring into Homeownership: Why Now is a Great Time to Buy

    Spring is here, and with it comes longer days, blooming flowers, and the perfect opportunity to make your move. If you’ve been thinking about buying a home, this season offers some distinct advantages that could help you find the perfect place while making a smart financial decision. Here’s why spring is one of the best times to buy a home.

    A small wooden house shape with a heart carved out surrounded by white flowers

    1. More Inventory Means More Choices

    Spring traditionally brings a surge in new listings, giving buyers a wider selection of homes to choose from. Many sellers wait until spring to list their homes, knowing that warmer weather and longer days encourage more buyers to house hunt. More options mean you have a better chance of finding a home that checks all your boxes.

    2. Ideal House Hunting Conditions

    Let’s be honest—touring homes in the dead of winter isn’t exactly fun. Spring brings comfortable temperatures and extended daylight hours, making it easier to schedule home tours after work or on weekends without feeling rushed. The extra daylight also gives buyers more time to explore neighborhoods, check out nearby amenities, and fully experience outdoor spaces like patios, decks, and yards. If a home has great natural light, you’ll be able to see how it enhances the space throughout the day, helping you get a better sense of the home’s potential.

    a young caucasian couple touring a home with the help of their realtor

    3. Mortgage Rates Are Still Competitive

    Interest rates have fluctuated over the past year, but they remain historically reasonable. Locking in a rate now can save you thousands over the life of your loan. Plus, with more lenders offering flexible loan programs and incentives, now is a great time to explore your financing options.

    4. Strong Market Activity Leads to Faster Transactions

    Spring is one of the busiest times in real estate, which means everyone involved in the process—lenders, inspectors, appraisers, and title companies—are in full swing. This efficiency can help move your home purchase along faster, getting you settled in time to enjoy summer in your new space.

    5. Move in Before the Summer Rush

    Many families prefer to move before the next school year begins, which means competition heats up as summer approaches. Buying in the spring gives you an advantage by allowing you to close on a home before demand spikes even higher. You’ll also have time to settle in, make any necessary updates, and enjoy your new home during the warm months.

    A young african american family moving into a new home carrying moving boxes

    6. Build Equity Sooner

    Real estate remains one of the strongest investments for long-term financial stability. If you’re a first time homebuyer, the sooner you buy, the sooner you start building equity instead of paying rent. As home values continue to rise, waiting too long could mean paying more for the same property down the line.

    Let’s Find Your Perfect Home This Spring!

    With the right strategy and expert guidance, buying a home this spring can be an exciting and rewarding experience. Whether you’re a first-time homebuyer or looking for your next move, our team is here to help you navigate the process with confidence.

    We have access to the latest listings, market insights, and negotiation strategies to help you find the right home at the right price. Ready to make the most of this spring market? Let’s connect today and start your home search!

  • Report: US Housing Market Experienced Fantastic Gains This Spring

    construction 4We just love having the opportunity to share with you good news about the US housing market and this is one of those weeks!

    Evidently, according to a recent article we were reading, sales of newly built homes as well as home prices in general saw some great increases during the month of April, further demonstrating that the housing market continues to improve.

    If you’re considering buying or selling real estate anytime soon, we encourage you to continue reading to learn more about this exciting development.

    What You Should Know About the National Housing Market

    Here is some of the most pertinent information you’ll need about the current state of the housing market:

    • New home sales increased 6.8 percent from March to April, to a seasonally adjusted annual rate of 517,000.
    • The median price of a new home sold in April was $297,300, up 8.3 percent from the year before.
    • Meanwhile, the Standard & Poor’s/Case-Shiller Home Price Index increased 4.1 percent in the 12 months that ended in March.
    • Supplies of existing homes remain tight and home builders are still slow to start construction on new project.
    • So far in 2015, builders have constructed just more than 1 million housing units, which is not too much different from 2014.
    • The construction pace increased some in April and actually hit the best level it’s seen since November 2007.
    • Also so far in 2015, monthly sales of new homes have average 515,000.
    • Meanwhile, new home purchases have been up 26.1 percent over the last year.
    • The housing market in April had 4.8 months of supply of new homes, although this is still short of the six months inventory that experts consider a balanced market.
    • New home sales represent about a tenth of all home purchases.
    • Historically, new home sales peaked in July 2005, when they hit an annual pace of almost 1.4 million.
    • Sales bottomed out in February 2011 at 270,0000 units.

    Experts attribute steady job growth, historically low interest rates and rising rental costs and key catalysts for the recent improvements on the national housing market.

    They have also noted that they believe that the US needs construction of at least 1.5 million new homes a year in order to keep up with the growing population as well as the average loss of existing stock each year because of age.

    We’re Your Dedicated Real Estate Experts!

    We hope you found the above data as encouraging as we did. The market definitely continues to improve month after month and the memory of the housing market crash continues to fade overtime. This is great news for everyone!

    Check back here next time for more valuable information on the current state of the housing market and how it may impact your efforts as a buyer or seller.

  • US Housing Market Well Positioned for Busy Summer Home Buying Season

    home buying 20The summer months should be quite busy for home buyers, sellers and real estate agents alike!

    As we head into June, real estate analysts are saying that the national housing market is poised for a successful (and busy!) summer home buying market.

    Several factors are at play, experts say, including low housing inventory, pent up demand and increasingly optimistic sellers.

    One thing’s for sure: The next few months should be very interesting from a national housing market perspective!

    What Every Buyer and Seller Should Know About Market Activity

    According to the latest sales figures released by the National Association of Realtors, sales of previously owned homes increased in March by the most in four years.

    In fact, purchases increased 6.1 percent to a 5.19 million annualized rate, which is the highest level it’s been since September 2013.

    On average, homes were being purchased in 52 days on average, which is the fastest sales rate the country has seen since July.

    Here are some more highlights from the latest data report:

    • The share of first-time buyers increased slightly while distressed properties made up a smaller part of the market
    • The number of homes for sale increased in March for a second month.
    • In fact, that gain was the biggest since December 2010.
    • Figures from the Mortgage Bankers Association showed that the group’s index of purchase applications increased in recent weeks to the highest level since June 2013.
    • The Standard & Poor’s 500 Index increased 0.5 percent to 2,107.96 recently, which is within 12 points of a record high.
    • More sellers expressed confidence about buyers entering the market as the weather warms, further helping to increase the supply of properties for sale.
    • In fact, the number of existing properties for sale increased 5.3 percent to 2 million in March from a month earlier.
    • And sellers’ instincts about buyer interests appear to be spot on. For instance, 40 percent of homes sold in March were on the market for less than a month.
    • The median price of an existing home jumped 7.8 percent from March 2014 to March 2015, to $212,100. That’s the most since February 2014.
    • Meanwhile, the cost of a purchased house was 5.4 percent higher in February from the same time last year, which is tied with May 2014 for the biggest gain.
    • Purchases increased in all four U.S. regions, led by a 10.1 percent increase in the Midwest. They were up 6.9 percent in the Northeast, 6.3 percent in the West and 3.8 percent in the South.
    • Sales of single-family homes rose 5.5 percent to an annual rate of 4.59 million, which is the most it’s been since August 2013.
    • Meanwhile, closings on multifamily properties (including condominiums) increased 11.1 percent.
    • Purchases of distressed properties represented 10 percent of the total, which is down from 11 percent in February.
    • Also, the average rate for a 30-year fixed mortgage was 3.67 percent recently. The rate was 3.59 percent in February, which was the lowest in almost two years.

    One Small Concern is On the Minds of Experts

    Experts did express concerns about how fast home prices were rising, which they credited in part to low housing inventory. Thus, economists said the best way to fix that is to increase the supply of homes for sale on the market.
    It will be interesting to see if enough sellers enter the market in the next couple of months to temper those price increases.

    We’re Your Real Estate Market Experts!

    We hope you have found the information above as insightful and encouraging as we did. Seeing the national housing market recover is definitely a welcome sight!

    Please check back here soon for more updates on the state of the housing market. We’re confident that having this knowledge will help you make savvier decisions as a buyer or seller.

  • US Pending Home Sales Rise for Third Month in a Row

    home buying 18We have some excellent news to report from the national housing market: Evidently US pending home sales index increased for the third straight month in April.

    This is a great testament that the national housing market is getting back on track and becoming increasingly stable.

    If you’re considering entering the market anytime soon as a buyer or seller, we encourage you to continue reading to learn more about this new trend.

    The Latest Outlook from the Housing Market is Positive

    Let’s take a closer look at the recent report from the National Association of Realtors.

    According to recent data, the pending home sales index (which is based on contract signings for purchases of previously owned homes) increased 1.1 percent to a seasonally adjusted level of 108.6 in March.

    This is also higher than in February, when the level was 107.4.

    And evidently, the increase in the home sales index is higher than many economists surveyed by the Wall Street Journal thought it would be. They had expected the increase to be 1 percent.

    Here are some additional highlights from the recent report:

    • When comparing March 2014 to March 2015, the index increased 11.1 percent.
    • Completed existing-home sales increased 6.1 percent in March. This increase followed two months in which the gains were lackluster.
    • And although sales of newly built single-family homes decreased from February to March, they increased almost 20 percent from the sales pace of a year ago.
    • The average interest rate for a 30-year fixed-rate mortgage was 3.77 percent in March, which is slightly above the previous month but also down from a year earlier.
    • And pending sales of existing homes increased in the South and the West during the month of March, but decreased in the Northeast and Midwest.
    • Meanwhile, markets across the country are seeing home prices increase.

    Experts believe that low housing inventory have driven prices up on existing homes. And while that has helped to close the gap in cost between newer homes (which are typically more expensive) and previously-owned homes, existing home sales still account for roughly 90 percent of the overall market.

    Will These Positive Housing Market Trends Continue?

    Check back with us soon to see if national real estate activity continues on this upward trend or takes a dip.

    Having the most up-to-date market data is critical to ensuring a successful outcome as a buyer or seller. That’s why we hope you’ll check back here again soon for the most up-to-date information on the market possible.

  • Report: US Home Prices See Gains in February

    home pricesThe national housing market continues to show gains, with home prices rising year-over-year during the month of February.

    This is fantastic news as it shows that the U.S. real estate market continues to rebound from the Great Recession.

    If you’re considering listing your home anytime soon, please continue reading to learn more about current national housing market trends.

    A Closer Look at Recent US Sales Activity

    CoreLogic released its February 2015 CoreLogic Home Price Index and the conclusions are favorable for home sellers.

    Here are some of the highlights of that report:

    • US home prices (including distressed sales) increased by 5.6 percent in February 2015 compared to February 2014.
    • That increase marks three years of consecutive year-over-year increases in national home prices.
    • Month-over-month, national home prices (including distressed sales) increased 1.1 percent in February 2015 compared to January 2015.
    • 26 states and Washington DC were at or within 10 percent of their peak prices during the month of February.
    • Six states, including Colorado (+9.8 percent), New York (+8.2 percent), North Dakota (+7.7 percent), Texas (+8.5 percent), Wyoming (+8.4 percent) and Oklahoma (+5.2 percent), marked new home price highs since January 1976 when the CoreLogic HPI began.
    • When you exclude distressed sales, home prices increased by 5.8 percent in February 2015 compared to February 2014.
    • And home prices increased by 1.5 percent month over month compared to January 2015.

    Certain states stood out for various achievements during the month of February:

    • If you include distressed sales, the five states with the highest home price appreciation were: Colorado (+9.8 percent), South Carolina (+9.3), Michigan (+8.5 percent), Texas (+8.5 percent) and Wyoming (+8.4 percent).
    • If you exclude distressed sales, the five states with the highest home price appreciation were: South Carolina (+9.7 percent), New York (+9.2 percent), Colorado (+9 percent), Texas (+7.9 percent) and Florida (+7.8 percent).
    • If you include distressed sales, the peak-to-current change in the national HPI (from April 2006 to February 2015) was -12.2 percent. If you exclude distressed sales, the peak-to-current change for the same period was -7.8 percent.
    • If you include distressed sales, only Connecticut had a decline in home prices, with a 0.9 percent decrease.
    • The five states with the largest peak-to-current declines, including distressed transactions, were: Nevada (-35.4 percent), Florida (-32.4 percent), Rhode Island (-29.6 percent), Arizona (-28.4 percent) and Connecticut (-24.7 percent).
    • If you include distressed sales, the U.S. saw 36 consecutive months of year-over-year increases.
    • 92 of the top 100 Core Based Statistical Areas (CBSAs) measured by population had year-over-year increases in January 2015.
    • Those core based statistical areas that saw year-over-year declines were: Baltimore-Columbia-Towson, MD; Philadelphia, PA; Hartford-West Hartford-East Hartford, CT; New Orleans-Metairie, LA; Rochester, NY; Worcester, MA-CT.; Albany-Schenectady-Troy, NY; and New Haven-Milford, CT.

    Based on recent market data and projections, the CoreLogic HPI Forecast suggests that home prices, including distressed sales, will increase by 0.6 percent month over month from February 2015 to March 2015 and on a year-over-year basis by 5.1 percent from February 2015 to February 2016.

    If you exclude distressed sales, home prices are expected to increase by 0.5 percent month over month from February 2015 to March 2015 and by 4.8 percent year over year from February 2015 to February 2016.

    How Can We Help You With Your Next US Home Sale?

    If you’re interested in entering the market anytime soon as a home seller, please make sure to contact us.

    We would be happy to assist you by further analyzing recent market activity to see how it may affect your specific efforts as a home seller.

  • Shop Smart for Your Dream Home During the Spring Buying Season

    Home Buying 14This is the time of year that has home buyers and home sellers alike excited: The Spring Home Buying Season!

    For buyers, it’s a great time to purchase a home because the school year is coming to an end and residents have all summer to move before it’s back in session. For sellers, it’s a great chance to reach a lot of home buyers as they navigate the market searching for their dream home.

    In preparation for the spring home buying season, we wanted to share with you some tips on how you can shop smart as a home buyer. Enjoy!

    4 Home Buying Tips for the Spring Market

    Don’t just rely on the Internet for your home searches. While you can certainly find a treasure trove of information on the Internet, it’s not the only way to find your dream home. In addition to searching real estate websites, you might consider also getting out and canvassing homes for sale the old fashioned way. After all, Internet pictures and listing information only tell part of the story. For full context, you need to view the home in person. And don’t hesitate, either! This year’s spring home buying market is expected to be particularly competitive and so you want to make sure you get to that home before other buyers do.

    Learn about current market values in trend. Obviously, every market is going to be slightly different and so it behooves you to lean about your local housing markets specific trends. Let’s consider the recent Case-Shiller 2014 home price index, which shows you how much of a difference there can be among major markets. In that report, San Francisco saw the largest annual regional gain at 9.3 percent. Meanwhile, other major markets like New York, Chicago and Washington DC saw less than 2 percent. A qualified and experienced agent can talk with you about current trends and how they impact you.

    Lock in low mortgage rates now. Those near-historic lows won’t be around forever. Thus, make sure you get a good mortgage rate now. By doing so, you ensure that your monthly mortgage will be reasonable for you. And in some cases, you may qualify for a larger or more expensive home thanks to low mortgage rates. Here’s another reason to get a mortgage now: In January, the Federal Housing Authority (which backs loans for borrowers who make low down payments), lowered the annual insurance premium it requires from 1.35 percent of a home loan to just 0.85 percent. All told, the Housing Department estimates that will save FHA homeowners roughly $900 a year.

    Keep “Sweeten-the-Deals” Strategies in Your Back Pocket. As previously mentioned, this is going to be a competitive spring home buying season. In other words, you may face a bidding war. So to prepare, consider ways that you can sway the seller in your favor. This might include an escalation card, which is the amount that you’d automatically be willing to pay above a competing bid. You might also consider foregoing certain contingency clauses. Contingencies are stipulations that allow buyers to get out of contracts. These include appraisals, home inspections and financing contingencies. By removing such contingencies, you’re likely to impress the home seller enough to want to accept your offer.

    We Are Your #1 Resource for Home Buying Tips

    We hope you found the above information helpful as a prospective home buyer. Please make sure to check back here soon for even more tips that will help you as you navigate the market!

    Have a great day!

  • The National Real Estate Market Shows Positive Signs of Growth

    Home Selling 8Things are certainly looking up on the national real estate market! According to a recent report from the national Standard & Poor’s/Case-Shiller Home Price Index, home prices increased during the month of January despite cooling home sales.

    Experts believe that a tightening inventory helped to spur the rise in home prices.

    This is important information for home sellers as it will help determine their home selling strategy on the local housing market. So continue reading to learn more!

    What National Home Sellers Should Know About the Market

    Here are the highlights of the most recent report from Standard & Poor’s/Case-Shiller Home Price Index:

    • National home prices increased 4.6 percent year over year in December, bolstered by increased of 9.3 percent in San Francisco and 8.4 percent in Miami.
    • Home prices in Chicago increased 1.3 percent year-over-year while Cleveland and Washington saw price gains of 1.5 percent.
    • Here are some additional cities mentioned in the report, including their year-over-year index change:

    Atlanta: 5.1
    Boston: 3.8
    Chicago: 1.3
    Cleveland: 1.5
    Dallas: 7.5
    Denver: 8.1
    Detroit: 2.8
    Las Vegas: 6.9
    Los Angeles: 5.5
    Miami: 8.4
    New York: 1.9
    San Francisco: 9.3
    Washington: 1.5

    • Meanwhile, experts described how regional housing indicators in the south and west were generally positive while the harsh winter continued to hold back home sales in the Northeast and Midwest.
    • Specifically, existing home sales in the West dropped 7.1 percent in the month of January, according to National Association of Realtors’ data released Monday.
    • Meanwhile, national home sales decreased 4.9 percent month over month.
    • Sales in the Northeast dropped 6 percent month over month, while declining 4.6 percent in the South and 2.7 percent in the Midwest.
    • Home sales were, however, up year over year in all four regions in January.

    How Can We Help Make Your Real Estate Dreams a Reality as a Seller?

    Please contact us for more valuable insight on the current state of the national housing market and how it may benefit you as a home seller. We would love to assist you!

    And make sure to check back here next time for even more information that will aid you in your real estate endeavors!

  • Report: US Home Prices On the Rise

    Home Buying 5The National Association of Realtors recently announced the latest US real estate figures and the numbers are encouraging for anyone considering selling their home.

    Evidently, home price growth accelerated in much of the country during the fourth quarter of 2014.

    This is a fantastic development for anyone hoping to get a good price on their home for sale. Continue reading to learn more.

    What You Should Know About US Home Sales

    Here is an overview of the highlights of the most recent real estate market report:

    • The median price of an existing single-family home increased year-over-year in 86 percent of 175 metropolitan areas.
    • 24 areas had price gains of 10 percent or more.
    • That figure is up from 16 regions during the third quarter.
    • Meanwhile, prices declined in 24 areas.
    • Experts credit the home price acceleration at least in part to low mortgage rates and improving employment conditions.
    • Still, home price gains are reducing affordability in areas across the country, which had 25 percent growth on average over the last three years.
    • At the end of the fourth quarter, there were 1.85 million previously-owned homes listed for sale, down from 2.01 million a year earlier.
    • The number of markets that saw year-over-year price gains in the fourth quarter has increased.
    • The median price for an existing single-family home in the three months through December was $208,700, which is up 6 percent from the fourth quarter of 2013.

    A Different Effect Seen in Canada

    As US home prices have increased, a lot of Canadian cities are seeing declines in home prices.

    According to the market data:

    • Home prices have started trending downward in several major Canadian cities, including Montreal, Winnipeg, Calgary and Hamilton, Ont.
    • Still, at least two major cities showed gains. On an annual basis, home prices were up 7.4 percent in Toronto and up 5.1 percent in Vancouver.

    When It Comes to Real Estate, Knowledge is Power

    We take pride in being able to provide you with the most up-to-date market information so that you can make informed decisions as home buyers and sellers.

    Check back soon for even more updates on the state of the national housing market and how that may impact you as a buyer or seller.