The Busiest Times Of Year In Real Estate

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a The Busiest Times of Year in Real Estate

The regular seasonal trends in the housing market almost vanished during the epidemic. Anytime was the right time to sell since there was such a high demand for properties. With the market beginning to level out a little, time is once again a piece of the home sale puzzle. All areas suffer the effects of seasonality. However, the degree varies depending on where in the nation you are. There is less of a difference between peak and slow seasons in the South and West; however, the Midwest and Northeast see greater differences between summer and winter. October and December remain steadfastly the slowest months of the year. Homebuying season officially begins in March and April, when asking prices go up. Returns are 8.9 percent and 9.2 percent, respectively. May, June, and July are peak selling times, with May in the top spot garnering 12.6 percent over home market value. June barely edges over July for second place.


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