With markets across North America continuing to experience challenges that feel increasingly unprecedented with each passing quarter, there’s much to discuss when it comes to the future of real estate—and how our team here at Lone Wolf plans to play its part.
The first three months of 2024 have come and gone, marked by increasing numbers across North American markets—and a surge in optimism to match.
Let’s have a look at the numbers:
When comparing the beginning of 2024 with 2023, we’re seeing more increases than decreases—in fact, across nearly all categories, there’s been growth.
When it comes to real estate, what often makes the news are the highs—even if they aren’t always positive. We hear a lot about the highest mortgage interest rates in a generation, the average length of time a house spends on the market going up, and more.
But from inside the industry, we can see another factor on the rise: expectations are higher than ever, whether they be for professionals themselves, for the performance of listings and properties on the market, or otherwise.
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