The Storey Report - August 2017 We saw condos/townhomes remain strong, while detached homes took a slight dip. New listing and total inventory are down for the first time since the April 20th fair housing plan. We are sitting at 2.58 Months of inventory (meaning the market would sell out in 2.5 months if people stopped listing today) Overall we see our market as healthy, and it's encouraging to see...
The Storey Report - August 2017
We saw condos/townhomes remain strong, while detached homes took a slight dip. New listing and total inventory are down for the first time since the April 20th fair housing plan. We are sitting at 2.58 Months of inventory (meaning the market would sell out in 2.5 months if people stopped listing today) Overall we see our market as healthy, and it's encouraging to see overall numbers remain positive despite all the chatter.
Here is a recap of the numbers (with increases/decrease year over year)
Detached: $1,191.052 : down 1.2%
Semi-Detached: $895,361 : up 15.4%
Townhouse: $682,177 : up 11.0%
Condos: $540,169 : up 20%
