On such a beautiful Saturday, everyone we met in private appointments today, while practicing social distancing, seemed to be appreciative of the opportunity to inspect some of the great properties we currently have for sale. But, as buyers have been saying now for months, the refrain was – “I wish there was more on the market.”
At the commencement of this lockdown, we had approximately 4.3 private appointments booked per property each Saturday. Four weekends later, we’ve seen that number trend upwards each weekend to 5.8 appointments per property, despite a slight increase in the number of homes for sale. Again, a clear demonstration of demand outstripping supply.