April Market Update


Wow, what a month April was... 😳⁠

With the world reeling after the effects of COVID-19, Sales activity eased across all price ranges, but the largest declines were for homes priced above $600,000. ⁠

April sales declined by 63% over last year. The economic impact of the situation is significant and early indications point toward more job losses and higher unemployment rates. Several government incentives will help cushion the blow, but challenges in the housing market are expected to persist throughout this year.⁠



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© 2020 by Samantha Mollerson

Charles Real Estate Inc.

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