Positive Sign?

Sales in the Powell River residential real estate market jumped to 37 in April from 19 in March breaking a bit of an early spring slump.  It speaks of the demand and time of year rather than any significant change in certainty in the market and economy generally.  New listings were still solid at 67 (72 in March) making for a still high overall inventory of 212.  Lots to choose from and realistic interest rates should make for a strong market if we get positive signals in the tariff situation and economy generally.  Average prices have been pretty level for 6 months or so with a little upward movement.  Nice-looking, well-priced homes are seeing multiple offers but many others languish on the market for several months and often reduce price along the way.  With improved sales, we saw the market climate move from a Buyers market to a balanced one.  Buyers will be taking their cues from economic indicators and government policies in the months ahead.  Here’s hoping for those positive signals!