Found 2 blog entries tagged as Property sales.

In October 2023, 529 homes changed hands through the MLS® System of the Newfoundland and Labrador Association of REALTORS®, a slight dip of 1.1% from the previous year. Though sales trailed the five-year average by 3.5%, they soared 8.4% above the 10-year average for October.

Year-to-date figures showed a 16.2% drop in home sales, with 4,470 units sold in the first 10 months of 2023 compared to the same period in 2022.

St. John's residential activity rose by 5.6%, contrasting with a 3.6% dip in the rest of the province. Single detached home sales in St. John's experienced a 6.3% boost from October 2022.

The MLS® Home Price Index (HPI) indicated a composite benchmark price of $292,400 in October 2023, up 3.9% year-over-year. Single-family…

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As a home seller, you've likely put a lot of effort into getting your property ready for sale. So, when a homebuyer makes an offer on your home, it can be an exciting and nerve-wracking experience. While most offers will be reasonable, there may be times when you receive an offer that is simply not acceptable. In this article, we'll discuss how to refuse an offer on your home in a way that is professional, respectful, and effective.

Consider the Offer

Before you decide to decline an offer, it's important to take a step back and evaluate it objectively. Ask yourself whether the offer is fair given the current market conditions, the condition of your home, and other factors. Consider whether the buyer has included any contingencies or…

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