 Inventory levels shot up in April, but didn't break any records or shatter ceilings, which is good. Slightly behind last years inventory count and 200 behind the current April inventory leader, 2009. Out of the properties on the market, out would like to know the stale to fresh ratio.  Remarkably, average sales price made an aggressive comeback in April. Would have been nice to see what impact, if any, sales prices remained down for a few months. I have a feeling that the other two reports would be noticeably impacted by the change.  Wish there was something more positive to report with regards to this statistic, but the truth of the matter is that things looked pretty grim for the month of April. A Record breaking sales slump, and 332 less then the current leader, 2009, the void of active buyers is really starting to take its toll on the city. Competition to sell runs rampant, with agents and marketers alike clambering to get that edge over the ocean of comparable listings. We know the three biggest words that sell real estate are "location, location, location", but rumblings and whispers are starting to chant a different slogan..."price, price, price!". Regardless of location right now, buyers are afforded the opportunity (for the most part) to view all of the listings on their list, revisit as many times as they want, then leisurely make an offer, most times, below the belt. If price is not a factor, then clearly we have a problem with the ebb and flow of people moving too and from our city. According to some articles that I will post tomorrow, that is a very realistic happening aiding in our resulting trend.  ViewPoint Realty Map VIEWPOINT REALTY
Are you familiar with ViewPoint Realty? How about the ViewPoint Realty, real estate map? Its a great tool for all your real estate research needs and when you are ready to buy or sell, its the competitive edge over your competition! Not to mention it's now more rewarding then ever to become a ViewPoint Client, just click HERE to find out more. More savings and more information, sign up today! Or, click HERE to go right to the map and get property shopping! LET ME HELP YOU OUT Have a question about the Halifax Real Estate market? Thinking this might be the time to purchase or list your property? I can provide you with a complimentary comparative market analysis or you can Contact me to advise you on your best plan of action for your real estate transaction and get the most advanced real estate system working for you. Feel free to leave a public comment or question below. Follow me on Twitter to keep up to the minute with all things Halifax real estate @HalifaxRealEst and friend me on Facebook and Google+ :) Please note that these opinions and comments are solely mine and mine alone. Thanks for stopping by! Newest Blog post HERE Comments are closed.
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Jeremiah Wallace, CDJeremiah has been involved with many aspects of the Real Estate industry for over fourteen years. This includes construction, residential renovations, interior design, and investing in various income generating property products.. 
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