Saturday, July 20, 2024 / by Shiela Balanay
#Ontario Blog
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 88,862 units in June 2024. This was a substantial decrease of 4% from June 2023. The more comprehensive year-to-date average price was $880,807, a modest decline of 1.2% from the first six months of 2023. Months of inventory numbered 3.8 at the end of June 2024, up from the 2.1 months recorded at the end of June 2023 and above the long-run average of 2.3 months for this time of year.
Wednesday, June 19, 2024 / by Shiela Balanay
Ontario MLS® Home Sales Continue to Decline in May
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 54,992 in May 2024. This increased by 4.9% from the same period in 2023. The more comprehensive year-to-date average price was $876,615, up only 0.5%. Active listings were 54.9% above the five-year average and 23.2% above the 10-year average for the month of May. Months of inventory numbered 3.3 at the end of May 2024, up from the 1.7 months recorded at the end of May 2023 and above the long-run average of 2.1 months for this time of year.
Monday, May 13, 2024 / by Shiela Balanay
Ontario MLS® New Listings, Overall Inventories Surge
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 54,992 in April 2024. This was up by 4.9% from the same period in 2023. The more comprehensive year-to-date average price was $876,615, a slight gain of 0.5% from the first four months of 2023.
Monday, April 22, 2024 / by Shiela Balanay
Ontario MLS® Home Sales Outpaced by Rise in New Listings in March
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 37,571 in March 2024. This increased by 7.9% from the same period in 2023. The average price of resale residential homes sold across the province in March 2024 was $889,033, a modest gain of 1.4% from March 2023. The number of new listings on MLS® Systems of real estate boards in Ontario saw a sizable gain of 14.4% from March 2023. There were 30,610 new residential listings in March 2024. ...
Saturday, March 16, 2024 / by Shiela Balanay
Ontario MLS® Home Sales & New Listing Rise in February
Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 12,787 units in February 2024. This was a sizable gain of 15.6% from February 2023. Active listings were 38.2% above the five-year average and 4.6% above the 10-year average for February. Months of inventory numbered 2.6 at the end of February 2024, up from the 2.5 months recorded at the end of February 2023 and above the long-run average of 2.3 months for this time of year. ...