Yet another market update!

There's not too many questions I can think of that I get more than "how is the market?" - this story has a reasonable take on it.
You can check monthly reports from the Kingston Area Real Estate Association here.

My take - the boom is over, but that's not a bad thing. There's a pattern of moderate price increases over 2007 right now, but nothing huge. Buyers have a lot of great inventory to choose from, which is not good news for sellers, unfortunately. I've seen far too many good listings come on the market overpriced right off the bat, only to realize after 3 weeks that they need to bring that price down - the problem is, the majority of your viewing activity will almost always come in the first 3 weeks. So, sellers, this is not the time to get greedy!