Ontario MLS® Home Sales Mark Huge Rebound in January

Tuesday, February 20, 2024   /   by Shiela Balanay

Ontario MLS® Home Sales Mark Huge Rebound in January

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Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 9,509 units in January 2024. This was a sizable gain of 21.4% from January 2023. Months of inventory numbered 3.1 at the end of January 2024, down from the 3.3 months recorded at the end of January 2023 and above the long-run average of 2.8 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity.

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

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Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2024 Last Updated April 15, 2024
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