Sales reached new records in November 2021

Sales reached new records in November 2021

Some highlights of November realestate activity:  Residential transactions +3.3% November 2020 – 8,728 November 2021 – 9,017 Average Selling Price +21.7% November 2020 – $955,889 November 2021 – $1,163,323 New Listings -13.2% November 2020...
Mixed activity in October 2021

Mixed activity in October 2021

Some highlights of October realestate activity:  Residential transactions -6.9% October 2020 – 10,503 October 2021 – 9,783 Average Selling Price +19.3% October 2020 – $968,535 October 2021 – $1,155,345 New Listings -34.1% October 2020 –...
Short inventory drives up July activity

Short inventory drives up July activity

Some highlights of July realestate activity:  Residential transactions down 14.9% July 2020 – 11,033 July 2021 – 9,390 Average Selling Price Up 12.6% July 2020 – $943,594 July 2021 – $1.062,256 New Listings Down 30.7% July 2020 – 18,119...
Full on summer activity in June

Full on summer activity in June

Some highlights of June realestate activity: CMHC lowered buyers’ required credit score to 600 from 680, and adjusted the maximum amount of debt-to-income that buyers can carry. Market share of CMHC has dropped to 23% — the lowest share in decades Sagen(formerly...