1. Up Tick in Sales Activity - There was a noticeable up tick in home sales for a couple weeks in December, which is good considering this month is typically a slow time of year. This is likely contributed to the dip in mortgage rates witnessed during the same time.
2. Home Prices Continue Up - Good news for homeowners as sales prices continue to climb, up 3.7% from this time last year.
3. More New Listings! - Some much needed relief in inventory finally seems to be coming. New listings are up 4.7% from this time last year. Good news for buyers who have not been able to find anything they like in their budget!
Click these links for more specific market data on your suburb or neighborhood.