Market Report

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Bright MLS Market Update: Contracts Up, Cancellations Rise, Price Cuts Increase

Contracts Show Positive Signs: Good news for sellers! New contracts for the week ending April 14th surpassed the same period last year by 10.4%. This momentum continued from the previous week, with a healthy 15.4% jump in new pending contracts. Canceled Listings on the Rise: While contracts are up, there’s also been a noticeable increase in canceled listings. Compared to last year, the Bright MLS...

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