The real estate market has seen a surge in demand in recent months, thanks to historically low interest rates and a renewed interest in home ownership. According to the latest data, home sales have risen by 10% compared to last year, with the number of new listings increasing by 5%.

Experts predict that this trend is set to continue throughout the year, as the COVID-19 pandemic has highlighted the importance of having a comfortable and secure home. Additionally, the low interest rates have made buying a home more affordable than ever before, with many first-time buyers taking advantage of this opportunity.

However, with increased demand comes higher prices, and the average price of a home has risen by 7% compared to last year. This has led to some concerns about affordability, especially for those with lower incomes. Nevertheless, real estate experts remain optimistic about the market, as it continues to be a solid investment in the long term.

Overall, the real estate market is currently experiencing a boom, as demand surges amidst low interest rates. Whether you're a first-time buyer or a seasoned investor, now could be the perfect time to get into the market and secure your dream home.