More of the same
In this month’s episode of ‘How’s the market’ I show you that the market has been pretty much the same since June. The median days on market is down slightly. The List Price to Sales Price ratio is at about 110.5%. The Days on Market is averaging about 10.5 days. The Supply is back under one month’s supply All this means that it is solidly a still Seller’s Market.
Business as usual?
Going forward, what typically happens at this time of year is the number of new listings starts to decrease, which leads to a decrease in buyer activity (and sales). I guess we will see how typical the end of the year will play out.
Video link
Real estate predictions for the end of 2020
Kitchener-Waterloo real estate news
