As we dive into April's market update, it's clear that momentum continues to build throughout the spring. With an average sold price of $562k, marking a 6.5% increase from this time last year, homeowners are witnessing steady appreciation in their property values. The number of sales has surged by 9%, totaling 1028 transactions year-to-date, once again pointing towards steady buyer activity. With 868 homes currently listed for sale, up by 20% compared to April 2023, there is slightly more inventory to explore for buyers. Additionally, the uptick in new listings by 21% provides more options for those seeking to make a purchase. Despite a slight increase in days on market to 41 days, compared to 36 days last year, homes are still moving relatively quickly off the market. However, with the current months of supply sitting at 2.1, up from 1.8 in April 2023, we continue to observe a sellers market. Dive deeper into these trends in our market update video above and let us help you navigate the Halifax real estate market with confidence!