HAPPY NEW YEAR!
There were 284 sales during the period. 57 of those sold above a million dollars. 114 two-storey homes changed hands with an average sale price of $1,091,500 and, in a relatively quick 27 days. The rental market saw 79 transactions and 12 of those were for condo apartment leases.
Financing remains very attractive with 5 year mortgage money as low as 2.59% and variable at 2.20%.
Listings are still scarce so we start the new year with a seller's market. It looks like prices will remain stable with some growth given the buyer/seller landscape.
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