market update
October 2022 Real Estate Statistics – Sales remain stronger than pre-covid levels
As released by CREB® on November 1, 2022 – full link here. October sales eased compared to last year’s levels, mostly due to slower activity in the detached sector. However, with 1,857 sales this month, levels are still stronger than long-term trends and activity reported…
September 2022 Real Estate Statistics – Demands shifting to more affordable options
As released by CREB® on October 3, 2022 – full link here. Strong sales for condominium apartment and row properties was not enough to offset declines reported for other property types. This caused city sales to ease by nearly 12 per cent compared to last…
August 2022 Real Estate Statistics – Supply levels ease with fewer new listings in August
As released by CREB® on September 1, 2022 – full link here. August sales activity was comparable to the strong levels recorded last year and well above long-term trends for the month. While sales have remained relatively strong, there continues to be a shift towards…
July 2022 Real Estate Statistics – Detached home sales decline as apartment condominium sales rise
As released by CREB® on August 2, 2022 – full link here. Significant slowdowns in the detached and semi-detached market were nearly offset by sales growth in the apartment and row sectors. This left July sales three per cent lower than levels recorded last year.…
June 2022 Real Estate Statistics – market starts to shift as sales slow
As released by CREB® on July 4, 2022 – full link here. Sales activity in June eased relative to the past several months and with 2,842 sales, levels declined by two per cent over last year’s record high. While sales activity has remained relatively strong…
May 2022 Real Estate Statistics – market continues to favour the seller despite slowing sales
As released by CREB® on June 1, 2022 – full link here. For the second month in a row, sales activity trended down after all-time record high sales in March. While activity in the market slowed down in May with 3,071 sales, levels are still…