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October Market Stats are out!  October featured a very strong market, with many confident buyers shopping for homes as they try to get ahead of falling interest rates.  November looks to continue this trend, and if supply of homes (months of inventory) deminish, the months of inventory will quickly fall. 
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Market Report - Sept. 2024.

September featured a brisk market, with sales rising 11.4% versus September of last year. Prices have been stable, the September monthly average price of 685k slightly nudges the year-to-date average of 679k. Months of inventory have increased to 3.4, a .4 jump over August as a jump in new listings continue to add to the supply, giving buyers even more choice for homes.

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August inflation cooled unexpectedly to 2.0%.  Largely driven by housing costs, the snowball affect of declining home costs will continue to weigh down inflation further.  The BOC needs to get ahead of inflation to prevent a soft economy from deteriorating further. 
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