June 2014

The price of a detached 2-storey home was up just over 10% from June 2013 to $1,033,000.  Sales were quick at 23 days on average. 57 homes sold over $1,000,000. Last June 39 did. Rentals kept pace with last June with 84 Leases versus 85 last year.  The long lasting Winter and late Spring has resulted in a very busy June. The market should become quiet during the prime holiday season.