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Home buyer demand continued to strengthen in November! It seems like buyers are continuing to take advantage of the relatively balanced market conditions while they last. You know how it goes—when the market feels right, people jump in. And that’s exactly what’s happening now.
Even though we’re seeing an uptick in demand as we approach year-end, the number of newly listed properties has been holding steady. This balance is crucial because it helps keep prices from skyrocketing across all segments. But here's where things get interesting: as we move into the New Year, if this strong demand keeps up and new listings don’t rise to meet it, we could be looking at a shift in dynamics. It might not be long before upward pressure on prices makes a comeback! So for anyone thinking about buying or selling soon, keeping an eye on these trends is more important than ever.
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