Kameron Kildea Blog

Single Family Home Prices Continue to Move Sideways

Reflections on April 2016 Numbers
Posted by John McClelland on May 12, 2016 in No Category
Despite have a relatively low level of available supply, which in now less than three months, we are observing very little price pressure outside of a few key areas. When price does not rise against this low level of supply, it indicates that demand is moderate. However, homes that are priced close to the neighborhood comps and are getting offers, it's just not the furious level of activity we experienced over a much of the recovery. While home prices have trended sideways, underlying fundamentals in the regio... read more
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