As expected at the beginning of this holiday weekend, new listings dropped, coming close to the number of pending listings, and coming soon listings increased. Price drops continued to increase, it will bear looking into how those price drops are influencing pricing on new listings.
The last three years of showings appear to be converging as we approach the holiday weekend when showings can be expected to drop.
Is rising inflation making you wonder if you should delay your plans to buy a home at this time? Take a look at the infographic below from our blog at Keeping Current Matters…
Sharlene Hensrud, RE/MAX Results – shensrud@homesmsp.com