Cristina Emerson’s Post

Calgary Real Estate Board released last months real estate stats for Calgary and the Surrounding Area. In October, home sales remained steady year-over-year, with 2,174 transactions—up 24% from long-term averages. Gains in sales of homes over $600,000 offset declines in lower price ranges. Ann-Marie Lurie, Chief Economist at CREB®, noted that while demand is strong, activity could improve if there were more lower-priced options. Inventory has increased, now at 4,966 units—up from last October’s low of 3,205—but nearly half are priced above $600,000. Market conditions are shifting away from the tight spring environment, yet supply remains tight overall, with 2.3 months of inventory. The benchmark price for residential properties rose to $592,500, over 4% higher than last year. Do you want to know what this means for your real estate journey? Call us today and we can walk you through the process. #monthlystats #realestatestats #calgarystats #exprealtycalgary #exprealtycanada #exprealty #exprealtyyyc #realtor #forsale #reevesrealty #yycliving #calgary #yycrealestate #yycrealtor #calgaryrealtor #reeves Reeves & Associates eXp Realty 587.200.2728

Calgary Real Estate Board has released the Calgary and surrounding area real estate statistics for the second quarter of 2024. Home sales slowed by three per cent compared to last year, driven by lower-priced properties with limited supply. Despite the decline, sales remained 29 per cent above long-term trends. By the first half of the year, sales were nearly six per cent higher than last year. New listings have increased for the fourth consecutive quarter. The rise is mainly seen in higher-priced properties, as sellers are motivated by increasing prices and high lending rates. Despite some increase in inventory, the market still favors sellers with a sales-to-new listings ratio of 75%. Do you want to know what all of this means for your real estate journey? Call us today and we can help! #exprealtycalgary #exprealtycanada #exprealty #exprealtyyyc #realtor #forsale #reevesrealty #yycliving #calgary #yycrealestate #yycrealtor #calgaryrealtor #reeves #crebnow #realestatestats #creb Reeves & Associates eXp Realty 587.200.2728

🎙🏡Hampton Roads Real Estate Market Summary👨💼📈 This September, we observed an uptick in the average number of days homes are on the market. This trend can be attributed to the increased inventory, but it’s also a seasonal shift we typically see at this time of year. Home prices are still slightly up from this time last year. Gary Lundholm of The Real Estate Group and President of REIN’s Board of Directors notes, “Last year, the median days on market rose from 14 days in August to 17 days in September. Similarly, in 2022, we saw an increase from 15 days in August to 18 days in September. A few extra days on the market is a common occurrence as we transition into fall.” Feel free to call or message me anytime with any real estate questions that you may have!! #marketsummary #hamptonroadsrealestate #realestateagent #buyersagent #listingagent #swellrealtyco #757realestate #homeequity #callme

Why Reduce? We are not seeing many price reductions in today's real estate market. This is largely due to very low housing inventory and increasing home prices. Home sellers are also very aware of the pricing practices that get a home sold instead of overpricing then coming down later which in most cases results in a lower than average sales price. Last week real estate brokers in Island County turned in 33 pending sales, posted 25 new listings and completed only 5 price reductions. #mondaymarketwatch #islandcountyrealestate #realtyonegrouporca

🏡MARKET REPORT🏡 In February, the average sale price for all residential properties in Waterloo Region was $755,934. This represents a 0.7 per cent decrease compared to February 2023 and a 0.7 per cent decrease compared to January 2024. * The average price of a detached home was $889,280. * The average sale price for a townhouse was $629,734. * The average sale price for an apartment-style condominium was $459,455. * The average sale price for a semi was $673,638. ⭐️1.7 months of inventory “Examining benchmark and average prices for various property types over the past twelve months reveals a stable housing market in Waterloo Region,” says Moura.  “With the approaching spring market, both buyers and sellers can take comfort in the steadiness of prices we’ve seen, reinforcing the value of homeownership as a secure and prudent investment in the long run.”  -WRAR Elyse Bouwmeester Real Estate Broker 👠Vibrant Realty Group Red and White Realty Inc. Brokerage 📩elyse@vibrantrealty.ca 📲226-201-1902 #listedwithelyse #marketstats #realtorlife🔑🏠 #waterlooregion #homesinwaterlooregion #listingagent #buyersagent #homesweethome #marketupdate

🏡 Toronto Real Estate Market Update - August 2024 🏡 August brought a dynamic shift in the Toronto real estate market, offering both challenges and opportunities. While sales activity slowed compared to last year, the increase in new listings and slight changes in pricing provide valuable insights for both buyers and sellers. Here’s a snapshot of what happened in August: ➡️ Sales activity saw a 5.3% decrease compared to August 2023. ➡️ 12,547 new listings – up by 1.5% year-over-year, giving buyers a wider selection. ➡️ $1,074,425 average list price – a slight decrease of 0.8% from August last year. ➡️ 28 days on market – up from 20 days last year. What does this mean for you? With more listings available, buyers have more choices and stronger negotiating power. For sellers, understanding the current market conditions and pricing your home competitively is key. Thinking of making a move? Whether buying or selling, it’s essential to stay informed and work with professionals who understand today’s market. 📧 Get in touch with me at sarah@sarahpeticca.com for personalized advice. 📩 DM me for more insights or to discuss your next steps! #TorontoRealEstate #MarketReport #GTAHomes #RealEstateUpdate #ForestHillLegacy #HomeBuying #SellingYourHome #sarahpeticca #broker

Orlando real estate data shows a spike in the housing market Contact me to discuss the latest scoop in real estate! #SellMyHome #BuyerAgent #RealEstateInvestments #MiamiRealtor #OrlandoRealtor #MiamiRealEstate #OrlandoRealEstate #vacationhomes #floridarealestate #realestate

It’s time for another San Francisco Bay Area real estate market update (data through September 2024)! Below are a few key points, but don't forget to dive into the full reports to see what's happening in your local real estate market. Inside you'll find the most up-to-date analysis of home prices, values, market activity, and year-over-year trends across the entire SF Bay Area, so don't miss it! - On September 18th, the Federal Reserve Bank dropped its benchmark rate for the first time since 2020 – a very positive development for housing markets – and many analysts expect one or more additional cuts before the end of the year. - As of early October, mortgage rates were the lowest since February 2023, but then an unexpectedly strong jobs report caused them to spike back up, perhaps just a short-term fluctuation amid the major downward trend of recent months. - It has been very challenging in recent years to predict changes in interest rates, as there are many unpredictable national & international economic and political factors at play, but the consensus opinion is that rates will (probably) continue to decline in Q4.  - Many buyers have decided to get into the housing market due to the drop in rates, however expectations of further declines are keeping some buyers on the sidelines as they wait (and hope) for that to occur. - The increase in the number of homes for sale continues to outpace sales activity, however, many homes are still selling quickly for over asking price as it all depends on the specific property, its price, location, condition and circumstances. If you're looking to buy or sell - or are simply just curious where the market stands in your area - please don't hesitate to reach out with any questions. #theoldhamgroup #compass #agentsofcompass #sfbayarea #dre02150507 #bayarearealestate #realestate

Calgary’s real estate market saw a significant decline in overbidding activity in this year’s Q3, with only 10% of neighborhoods experiencing homes selling above asking, compared to 54% in Q2. https://lnkd.in/eSFeqtn7

🏡 Toronto Real Estate Market Update - July 2024 🏡 July brought a dynamic shift in the Toronto real estate market, offering both challenges and opportunities. While sales activity slowed compared to last year, the increase in new listings and slight changes in pricing provide valuable insights for both buyers and sellers. Here’s a snapshot of what happened in July: ➡️ Sales activity saw a 3.3% increase compared to July 2023. ➡️16,296 new listings – up by 18.5% year-over-year, giving buyers a wider selection. ➡️ $1,106,617 average list price – a slight decrease of 0.9% from July last year. ➡️ 24 days on market – homes are selling faster, down from 17 days last year. What does this mean for you? With more listings available, buyers have more choices and stronger negotiating power. For sellers, understanding the current market conditions and pricing your home competitively is key. Thinking of making a move? Whether buying or selling, it’s essential to stay informed and work with professionals who understand today’s market. 📧 Get in touch with me at sarah@sarahpeticca.com for personalized advice. 📩 DM me for more insights or to discuss your next steps! #TorontoRealEstate #MarketReport #GTAHomes #RealEstateUpdate #ForestHillLegacy #HomeBuying #SellingYourHome #sarahpeticca #broker