Housing inventory increases, leading to longer listing times

financialpost.com

The Real Brokerage Inc. recently shared insights from its February 2025 Agent Survey, revealing important trends in the housing market. Inventory levels are rising in various regions, leading to longer times for homes to sell and more price reductions. This shift occurs as sellers adjust their expectations to meet the changing market conditions. Despite the increase in inventory, the Agent Optimism and Transaction Growth indexes slightly decreased in February, but they remain close to levels seen last year. Tamir Poleg, the CEO of Real, emphasized that while buyers have more options now, affordability continues to be a major challenge. Agents are advising sellers to set realistic prices and consider making improvements to their homes to attract buyers. Homes that are overpriced tend to sit on the market longer, whereas competitively priced and enhanced listings are more likely to receive multiple offers and sell quickly. The survey gathered responses from over 500 real estate agents across the U.S. and Canada. It aimed to capture broader industry trends rather than specific details about Real’s own growth. The data indicates a market that is stabilizing, though some uncertainty remains. Overall, Real Brokerage is focused on providing a seamless real estate experience by combining essential services with advanced technology. The company supports a large network of over 26,000 agents across North America.


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