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Blog by Graham Kirby

March 2018 sales down 29.7 percent from March 2017, prices continue to rise in most categories

April 11th, 2018

The stats are in for the first quarter of 2018 and sales are at their lowest since 2013.

Factors that have contributed to this slowdown  include high prices, new tax measures and most importantly, rising interest rates combined with tougher mortgage qualification requirements and lack of new inventory.

Although low inventory affects volume of sales it also contributes to the continued incre ...