Ontario MLS® Home Sales Drop to Lowest Annual Total since 2001

Thursday, January 11, 2024   /   by Shiela Balanay

Ontario MLS® Home Sales Drop to Lowest Annual Total since 2001

January Cartoon.png
January Newsletter.png
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 161,696 units in December 2023. This was a large decline of 12.3% from 2022. The more comprehensive annual average price was $872,312, a decline of 6.3% from all of 2022. Months of inventory numbered 3.9 at the end of December 2023, up from the 3.3 months recorded at the end of December 2022 and above the long-run average of 2.8 months for this time of year. 

  london ontario realtors, ontario real estate brokerage, real estate, real estate agency, real estate agent, realtors

Team Glasser Real Estate Brokerage Inc.
99 Horton St W
London, ON N6J 4Y6
Office: 519.670.0385

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
Data is provided courtesy of Information Technology Systems Ontario, Inc
Copyright 2024 Information Technology Systems Ontario, Inc.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.
This site powered by CINC: www.cincpro.com