Richard Stanton’s Post

Are you curious about the inventory shortage in the real estate market? Discover the key factors contributing to this ongoing challenge and gain valuable insights into the current state of the market. Learn more: https://lnkd.in/evtfGsKt #marketupdate #housingmarket #inventory #albuquerque #realestate #nmhomedeals

This week's real estate clearance rates depict a stable market across major Australian cities. Brisbane declined slightly from 74.1% to 72.8%, while Sydney saw a more notable decrease from 81.7% to 77.3%. Canberra experienced a modest increase from 55.6% to 57.1%. Despite fluctuations, the average bidders per auction remained at 3.4, with a strong bidding rate of 70%. As February trading progresses, high clearance rates appear to be a consistent trend, driven by limited stock levels and attractive yields for investors. The competitiveness of auctions remains crucial for quality campaign outcomes. As the real estate landscape continues to evolve, these clearance rates serve as a reflection of market resilience and buyer engagement, signaling ongoing opportunities for both buyers and sellers in the property market.

What is going on in the Calgary Real Estate Market!? Check out our latest market update video where we address Calgary's record May sales, our inventory supply issues, crazy buyer demand, and where we're heading for the rest of the year! #calgaryrealestate #yycrealestate #marketupdate #realbroker

Some interesting pivots in the San Jose real estate market in March of 2023. For the first time in quite a few months, the inventory in San Jose has actually gone DOWN when compared to the same time last year! #sanjosedaysonmarket #sanjosehomeinventory #sanjosehomesforsale #sanjosehomessold #sanjoserealestate #sanjoserealestatemarketreport

#Manhattan real estate prices are now at their lowest levels since 2015, with pricing in the fourth quarter adjusting to weaker demand and buyers’ lower purchasing power. Read the full report: https://bit.ly/3TLGwBS 👈