Are we at a Buyer’s Market?
We may be very close. On Tuesday June 3 there were 1268 active listing for sale in Regina. That seems to be huge number of properties for sale in Regina.
I have seen over the last few weeks offers that were accepted that were $10,000 to $20,000 under asking price. Some sellers have seen the light and reduced their properties, other have not. Just yesterday there were 61 price reductions in the Regina area alone. That is a high number of reductions for one day.
Buyers market, getting closer.....................
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