FEBRUARY 2020 MARKET WATCH


The Durham Region real estate market took another bounce in February with an increase in sales of a whopping 52% over the same month last year. For the same time period, Active Listings in the Region were down 31%! It’s easy to see what led to a substantial 13% increase in the Average Sale Price from February 2019 to February 2020.
CLICK HERE TO READ FULL FEBRUARY 2020 REPORT...

JANUARY 2020 MARKET WATCH


January Market Leaps Out Of The Gate:
The January, pre-Spring market is picking right up where the strong surge in Q4 2019 left off. Home sales through the TREB MLS system were up a resounding 15.4% over January, 2019 and increased 4.8% over this past December.
Tight inventory conditions continue to push prices up in Durham Region. With only 905 Active Listings in the Region, multiple offers prevail in the entry-level price range. Average Sale price in the Region increased by 13.5% over January, 2019 while the Average  Sale Price across the GTA was up by 12.3%, showing the strength of the Durham Region market.

CLICK HERE TO READ FULL JANUARY 2020 REPORT...

DECEMBER 2019 MARKET WATCH

Real Estate Stats showed a strong performance to end the 2019 market year in Durham Region and a stark contrast to what we saw in December of 2018.
Over that time period, sales were up 16% in December 2019 compared to December, 2018 and the Average Sale Price was up by 9% to $640,269.00. Number of units sold in December increased from 446 units in Dec., 2018 to 518 units last month.
Over that time period, sales were up 16% in December 2019 compared to December, 2018 and the Average Sale Price was up by 9% to $640,269.00. Number of units sold in December increased from 446 units in Dec., 2018 to 518 units last month.
CLICK HERE TO READ FULL DECEMBER 2019 REPORT....

 

NOVEMBER 2019 MARKET WATCH
 

What a busy fall market its been and we continue to feel it into December. The decorations are still boxed away, the tree’s not up and shopping is a mere concept at this point! Even though this report reflects November’s activity, December continues to be a busy market. We’ve always said December/January represent the best time to buy a home. It seems Canadians are starting to listen!

CLICK HERE TO READ FULL NOVEMBER 2019 REPORT....

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