Real Estate Blog

A Quick November Real Estate Update

In my last newsletter, I mentioned how things typically quiet down during the winter months, but there’s a lot happening at the moment. The government continues to ease pressure on borrowing costs, with their latest rate cut at 0.5%. While this isn’t yet causing a major market surge, it’s certainly having an impact.

Sales were up in October by an impressive 47% compared to the same month last year and rose from September as well. New listings have slowed while the pace of sales has remained high, resulting in a 1.4% increase in the average home price over the past 30 days. As the government continues to lower rates and introduce new incentives for buyers, it seems likely that prices will keep climbing.

Are You Thinking of Selling?

Selling a home is about building a plan, not just making a decision. If you’d like to sell now, the market remains competitive and should stay active through November. If you’re considering selling in the New Year, now is the time to start planning. I specialize in maximizing your home’s potential while streamlining your move with expert guidance and a network of trusted professionals. Let’s connect to make the most of your move in 2025.

Thinking of selling within the next six months? Contact me today to get complimentary outdoor photos taken before the snow flies

Selling in the Next 6 Months? Get Your Outdoor Photos Now - Free!

Contact me today for complimentary outdoor photos before snow flies.