Durham Region Real Estate Blog

Greater Toronto area Realtors® reported 4561 transactions in the first half of May – an increase of 3% over May, 2008. There has been a rise in buying activity. Many people who were undecided about purchasing a home during the winter months are now proceeding with confidence as a result of the GTA housing market’s affordability and fantastic interest rates.

The average price for MLS® sales was in line with last year, down by less than one half of one percent at $399,811.

More sales and fewer listings resulted in tighter market conditions which pushed the average selling price up to last years level. Look for new listings to increase as homeowners react to the positive news surrounding home sales and prices.

Want Oshawa real estate or Bomanville real estate figures? Just email me and I’ll let you know what’s happening in your neck of the woods.

Tags: bowmanville real estate, buy, courtice real estate, home buying, home selling, whitby real estate