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Market Studies

Q2 Critical Defect Rate up 6%

ACES Quality Management has released the findings of its latest Industry Trends Report for the second quarter of 2022, which found that the overall critical defect rate increased 6% compared to Q1 and crossed the 2% threshold for the third time in report history.

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Returning to a More Balanced Market?

"Sellers and buyers are each able to negotiate, with neither having a built-in upper hand," said Nick Bailey, RE/MAX President and CEO, "...but it seems like the market is shaking off the last vestiges of the 2021 overheating. Balance seems to be returning—as it usually does."

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