“Sales of both waterfront and non-waterfront properties affected totals for 2022 in the second half of the year. Identifying any turning points in demand or supply will be difficult as we move through the lower-volume months of winter. Going into the end of 2022 there were signs of an emerging rebound in sales activity – not one that would put us back on a path to reach the heights of the past two years but one that could get us back to a more normal market, historically speaking.” The Annual Non-waterfront sector was at its lowest annual level since 2012 while waterfront activity dropped to its lowest levels since 2008,” said Matthew Lidbetter, President of the Lakelands Association of REALTORS®.