Your Besser Guide to the Real Estate Market: April

As we settle into 2025, the real estate market continues to shift in response to key economic and political events. Tuesdays decision to keep interest rates on hold was a welcome move for buyers and investors, offering some much-needed stability after a period of uncertainty. While rate cuts are still on the horizon, for now, the market is adjusting to the current conditions.

At the same time, the federal election campaign is now in full swing, and as expected, we’re seeing a bit of a pause in stock levels. Over the past couple of weeks, there’s been a noticeable lull in new listings, with many vendors holding back to see how things unfold. This kind of market slowdown is typical during an election period, but it won’t last long. Once the campaign dust settles, we expect a fresh wave of properties to hit the market around mid-May.

While stock levels might be down, buyer activity is certainly ramping up. More and more buyers are activating in the marketplace, eager to secure a home before competition intensifies. This is a promising sign for vendors considering a sale in the coming months—demand is building, and those who move early could benefit from a highly engaged buyer pool.

On the rental front, growth has slowed, but stock levels remain incredibly tight. While we aren’t seeing the same steep rental increases we experienced last year, there is still a clear shortage of available properties, keeping demand high.

At Besser+Co., we’ve had an incredible month in the rental space. For March, our average days on market sat at just 14.1 days, with an average vacancy period of only half a day between tenancies—an outstanding result for landlords. With such limited stock available, well-presented rental properties are moving fast, and landlords are continuing to achieve strong returns.

We’re seeing a growing number of buyers coming through our open homes, many of whom are just starting their search. These buyers are watching the market closely and will likely activate after the election or possibly after a further interest rate decrease.

Right now, there’s no doubt that opportunity exists in the market. Buyers have a window to secure great properties with less competition, but these moments never last. Before you know it, the market will be racing away again, with increased competition at auctions every weekend.

If you’re a buyer, the smart move is to get in early—before confidence floods back in, stock levels rise, and demand surges.

If you’re thinking about buying, selling, leasing, or investing, now is the time to start preparing. Once stock levels rise again post-election, the market will move quickly. Let’s chat about your real estate goals and how to position yourself ahead of the curve.