
Home prices are rising, but the momentum seems to be slowing as we head into the summer months. Seasonal trends, fluctuating mortgage rates, and tight inventory are all contributing to a mixed outlook in the market. Despite these challenges, new construction is on the rise, and more homes are going under contract compared to last year. Want to know what’s really happening in the market and what to expect in the coming months?
If you have any questions or comments you would like answered in next month's newsletter, email me at georgem@bentleyproperties.com and they will be included in the next market update.
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