Good Day Folks.
I have included below the July Stats from TREB. As you may have seen on the News there was some sicnificant growth in Transactions over last July. I mean that there were 24% more homes bought/sold this July vs. last July. A big change to be sure. One other interesting comparison is that the average price has risen over last July, a rise of 3.2% according to TREB. This is the overall average however positive numbers are seen in all the sub categories of properties, Condos, Semi Detached and Town Homes all showing positive growth with Detached Homes at a slight loss of .9% decline. Condos as usual showing the most positive growth. No doubt this is where investment money is going these days. Have a look at the numbers and let me know what you think.
Thanks for listening. Have a great week.