When is the best time to buy a home?

Choose the right time of year

January is the best time to make an offer on a home. Not many buyers want to brave the cold to shop for a home, so prices are the lowest. Properties also take longer to sell. This means sellers are more likely to accept a lower offer.
 

The market picks up from February onward. Spring is the busiest time of year to buy a home. More properties become available, prices go up and competition increases. Homes also look more presentable in spring. Buyers often purchase in the spring so they can move into their new home during the summer.
 

House prices peak in the hot season, especially in June and July. By fall, prices usually drop and so does the number of listed homes. The market often freezes in December, partially because of the holidays.