Despite record-low mortgage rates, California home sales took a dip in September, reaching their lowest point in nine months. The California Association of Realtors (C.A.R.) attributes this slowdown to buyer hesitancy amidst economic uncertainty and the expectation of further interest rate fluctuations. While inventory has improved and prices are expected to moderate, the fourth quarter could present opportunities for buyers who’ve been waiting for a market shift.
Despite being dubbed an ‘island of despair’ by some, Slough has emerged as a popular destination for first-time buyers in the UK. With affordable prices and good transport links, the town offers an attractive proposition for those looking to get on the property ladder.
Home sales in Calgary saw a modest 0.8% decline year-over-year in May, with 3,092 properties changing hands. The decrease was primarily driven by a drop in sales of lower-priced detached and semi-detached homes. However, the Calgary Real Estate Board (CREB) reported that activity remained 34% higher than historical averages for the month.
