[MARKET UPDATE] 🏘️ COVID-19 CREATING UNIQUE OPPORTUNITY

May 22, 2020

[MARKET UPDATE] 🏘️ COVID-19 CREATING UNIQUE OPPORTUNITY

April sales for Canada are down 58%. In the greater St. Johns area we’re down only 16.5%. There’s significantly more activity in our market now than many other areas, especially the past few weeks.

Active inventory is very low! There were 401 new residential listings in April 2020. This was a large decline of 63.5% on a year-over-year basis dropping new listings to levels unseen since 1989.

Those who currently have their property listed are experiencing a greater predictability of it being viewed & sold for top dollar!

If you’re thinking about selling, we need inventory! Please call & ask about our results. Trust us to set out a fantastic plan to take care of you!

Rob Burton FRI REALTOR
Fellow of the Real Estate Institute
COVID-19 Best Practices Trained
Transport Canada Advanced Drone Pilot
Team Burton 🍁 Top 5 Atlantic Canada
www.robburtonfri.ca

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