A fairly active month with 205 properties changing hands. 30 of those sold above $1,000,000.
The time to sell took 34 days which is up slightly from last years 29 days & this July's 28 days.
The average price for a detached 2-storey home sale was $904,000. Still very good/expensive but down slightly from this July's $915,000 average.
There were 34 rental property sales and 11 of those were for condo apartments.
Financing is still very attractive, although 5 year mortgage loans are up about 30 basis points to 3.29%.
We expect the fall market to continue to be strong.
