02 Jun RE/MAX Predicts Real Estate Prices to Remain Stable
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Future of Real Estate Pricing
There are numerous opinions on how housing prices will be going forward. However, it seems that demand for real estate will remain on the high side while property availability continues to be low.
RE/MAX executive, Christopher Alexander, points out that as long as demand remains high, prices should remain relatively stable. He notes that multiple offers on a property are still a regular occurrence.
As well, it’s unlikely that a majority of sellers would be willing to accept this kind of price reduction which supports the idea of prices staying relatively stable.
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