May Sales Trends – Property Shark

As the health crisis stabilizes in the city and surrounding areas start opening up, the industry is watching May with hopes of returning buyer interest. This comes after the uncertainty of March and an April marked by both historical lows in sales activity and the strongest pricing trends of the year. Transactional activity, of course, has trended negative since the start of the crisis. Sales activity plummeted from the second week of March to level out in April at around 61% below year-ago figures, bringing the first trimester’s sales activity to 16% below the same period last year.  [Read Full Article – Property Shark – 5/20//2020]