
- For Sellers: Increasing inventory and lengthening days on market suggest a need for strategic pricing and value positioning to attract buyer interest. A realistic, aggressive, yet well-supported pricing strategy may be critical.
- For Buyers: Greater inventory and slower market pace offer solid negotiating leverage. Slightly softened pricing trends make it an opportune time to explore listings, especially with less pressure and more choice.
- For Market Watchers: Monitoring trends into August and beyond—particularly new listing activity, list-to-sale ratios, and absorption rates—will be essential to anticipate turning points in pricing or momentum recovery.
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