David Hennessey REALTOR® eXp realty with this weeks real estate news for you.
Maple Ridge Detached homes Market Weekly Market comment
My data analysis and research disclosed a continuing trend this last week over the prior week:
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- Number of sales week over week is DOWN.
- Number of listings entering the market is DOWN compared to recent weeks.
- Number of price reductions REDUCED week over week.
- Number of homes listed below 1 m STABLE.
- Even with this weeks BoC rate adjustment the Maple Ridge detached real estate market remain slow with inventory at a ten year high.
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Note: This article offers you general information only and not to be considered specific professional advice for your situation. Let us meet for you to have information specific to your needs so you can make an educated decision on your real estate needs.
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Sincerely,
David Hennessey
REALTOR®
eXp Realty
604 626 8903
