Hello again!
July was not too busy which is typical for prime summer holiday time. Yet some families were moving home locations. Here's how the numbers ended up.
Detached 2-storey $1,782,324
Bungalows $1,768,588
Splits $1,370,100
Semi-detached $1,030,333
Linked homes $1,199,000
Freehold THs $1,015,265
Condo THs $714,944
Stacked THs $614,889
Condo apartments $584,062
Year over year detached 2-storey homes prices are down about 4%. And most other categories of homes are down as well.
At the moment there are 1,373 homes and condo's for sale and 698 for lease. Reasonable choice for most buyers. And the rental market saw 586 lease sales...which was extremely busy.
August should prove to be equally slow and that's normal.
The Fall market however, is usually very good. This year could be quieter do to President Trump's tariff threats and chaotic actions. Those that do offer on properties will do their best to get a good deal (and many people have). In short, it is a great time to buy.
