Motria's Market Blog: Spring is in full bloom and still no product...

Wednesday Aug 17th, 2016

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Spring is in full bloom and still no product…. We are getting close to summer and the real estate advertising sections of newspapers are still quite bare. Historically, we have seen a substantial increase in real estate product at this time of year and prices are usually levelling. This year spring is late and so is the real estate market. Still no product and bidding wars continue. I believe that we will see lack of supply carry into the summer. Hence, July could be a busy month. Thinking ahead, pent up demand may carry into the fall. We will see how the US election will impact our market. It will be interesting…. 

 


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