TREB Stats are in – Spring Market Capped Off with Strong June

TREB Stats are in – Spring Market Capped Off with Strong June

12,794 home sales were reported through TREB’s MLS® System in June 2016 – this result was 7.5 per cent higher than the 11,905 sales reported in June 2015. In line with the prevailing trend so far this year, the number of new listings was down by 3.8 per cent. The average selling price for all home types combined was up by a slightly higher annual rate of 16.8 per cent to $746,546. The single-detached, semi- detached and townhouse market segments led the way in terms of price growth.

2016_july_Market Stats_RLP - JPG