In the metro Moncton - Dieppe - Riverview real estate market the low inventory trend continues. In the chart above, one line historically illustrates the scarcity of active listings in our MLS System. The other line shows the months of inventory at the current level of sales. Two months of inventory means Buyers do not have many offerings from which to choose. Buyers are under pressure to act quickly when a new offering does come on the market. So new listings often attract multiple offers. This estate market favours Sellers over Buyers.
Buyers would be wise to have undivided loyalty with single agency representation before shopping for a property. Just say NO DUAL AGENCY.