July 2020 Market Update

Our Real Estate market was quite a rollercoaster ride and full of fireworks, with multiple offers last month! Considering the ongoing pandemic, sales and inventory levels in Victoria have been impacted. In June there were a total of 808 sales and 2698 active listings for a sales-to-active-listings ratio of nearly 30%. As we suspected last month, June did turn out to be a very busy month, and we moved well into a sellers market.

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