The supply of homes for sale today is beginning to return to levels that we haven't seen in our market in about four years. For home buyers, this means you have more selection to choose from. For sellers, it means your home may face more competition, from other listings, in the marketplace.
Home prices have edged down between three and five per cent, depending on housing type, in our region since June. This is providing a little relief for those looking to buy compared to the all-time highs we've experienced over the last year.