What is the best time of year to sell and buy a home?

It is no secret that the bulk of those who start building their own country house - find financial reserves for this in the sale of existing housing in the city. Determining the best period for this operation, however, as well as for the purchase of their own homes - always a hot topic. There are several methods for analyzing the supply and demand processes in the real estate market. According to one version of experts, determining the best ratio can be analyzed with the help of seasonality.

Winter

At the end of January, the supply begins to increase. Simultaneously with the increase in supply, demand also increases. By the end of February, demand begins to overtake supply, and property prices gradually begin to rise.

According to analysts, February is characterized by a stable situation on the market and orderly increase in the number of deals.
Economy class objects are traditionally in demand at the beginning of the year.

Spring

In March begins the spring revival. The number of transactions with unfurnished apartments increases. This is due to the fact that buyers prefer to have all legal matters finalized by the summer and to start renovation.

In April there are requests for more expensive objects.

In late April and May the number of alternative transactions increases. So, for example, families with children who have financial means seek to improve their living conditions.

Such excitement is due to the fact that parents are trying to solve the housing problem in the summer, so that the children could start the school year in a new school.
In turn, buyers of luxury real estate strive to have all transactions completed before the May holidays.

Summer

Experts call June and July as the time of "non-urgent" purchases, when real estate is bought by those who are not tied to a strict deadline and, therefore, in no hurry.

Because of the small number of buyers in the summer sellers are more willing to bargain. This is probably the best time of the year to buy an apartment: prices are going down, sellers are ready to bargain, the offer is large and there is plenty to choose from.

Many buyers who decide to buy an apartment at this time of year, do it "for the kids", so that the children went to school, kindergarten, college (well, who has what kids) from the new apartment.

In August the demand begins to exceed the supply - those who are afraid of the traditional autumn price increase and try to have time to buy real estate at the summer price come on the market. And from mid-August prices slowly start to rise again.

Autumn

In the fall, active demand is restored, more transactions begin to take place, the number of properties for sale increases, and prices rise. Once again, the number of alternative deals increases.

Prices peak around the end of October to mid-November. This is probably the best time of year for urban residential real estate sales.
In mid-November, demand begins to decline. The number of transactions increases in the expensive segment, which is due to a desire to solve all the issues with real estate before the winter vacations.

Well, at the beginning of December buyers realize that they won't have time to buy anything before the New Year (so that they could celebrate the New Year in a new apartment), and put off the apartment issue for next year.