What's Happening in The Durham region
It's still a Seller's Market
We are seeing more homes sell for over list price in multiple offers.
Every city/town is unique as are the communities within them. Scroll through to find your town.
What's the Takeaway?
Sellers can feel confident knowing there is a growing but limited pool of listings competing for a larger pool of buyers.
Buyers can still find opportunities and while competition is heating up it's still not nearly what it was at the peak in 2022.
With inflation increasing slightly it will be interesting to see if the Bank of Canada raises its key rate or holds steady in their next update on June 7th.1920x1048-Durham April 2023 by Brian Stanton