There were 270 sales in June. Down from this May's 350 sales however, 2-storey homes average sale price reached $794,000.
There were 27 sales above one million dollars compared to 21 a year ago. The average price (all types of housing was $610,000 up $100,000 from a year ago and $17,000 over last month.
The average time to sell continues it's upward trend over the last few months with 33 days for June.
Rentals activity was about the same as last June with 70 transactions.
5 year money can be had for 4.39% which is similar to June '09's 4.35%. 3 year variable is available at Prime less 65 basis points. Prime is 2.50%.
We are definitely in a balanced market. Showing activity has severely dropped off and the market seems much cooler than normal.
