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2015 Spring Market Trends Report Released

2015 Market Trends report imageThe 2015 RE/MAX Spring Market Trends Report has been released.

Windsor/Essex County has seen an increase in sales in the early spring season – up 27 per cent year-over-year – which was mainly due to a much earlier start to the spring buying season compared to the previous year, in which the market was held back by a cold, late winter.

Demand in Windsor is driven primarily by move-up buyers and retirees from metropolitan areas. These buyers are attracted to the affordability of Windsor and Essex as well as its warmer summer weather.

– Sales in the first quarter of 2015 are up 27 per cent year-over year

– Demand is outstripping supply, and multiple offers are not uncommon

– Seller’s market conditions are expected to shift into a balanced market as more inventory comes on the market

– The upper-end market is very active, with low interest rates fuelling demand

 

CLICK HERE to download the entire report including market information for other Canadian cities.

 

 

 

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