Durham Region Real Estate Blog

Durham Region Real Estate January 2024 Market Update

Last updated February 6, 2024, at 9:55 a.m.

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The real estate market in Durham Region has finished January 2024 with much more sales volume and buyer activity than in the past quarter. Inventory levels are down substantially from October's high point for the last year.

Sales...

Last update January 4, 2023, at 10:15 a.m.

High interest rates and inflationary concerns continued to drive the real estate market in Durham Region this December with inventory levels falling off from high point for the past year, and sales volume continuing to fall. Prices dropped to a low point for 2023, and the lowest annual sales volume since 2001....

Last update December 5, 2023, at 10:15 a.m.

High interest rates and inflationary concerns continued to drive the real estate market in Durham Region this November with inventory levels falling off from high point for the past year, and sales volume continuing to fall. Prices dropped to a low point for 2024.

Even with the increase in inventory, multiple...

Last update November 2, 2023, at 1:00 p.m.

High interest rates and inflationary concerns continued to drive the real estate market in Durham Region this October with inventory levels rising to a high point for the past year, and sales volume dropping below summer levels when they would normally be rising.

Even with the increase in inventory, multiple offer...

Last update Sep 6, 2023, at 11:15 a.m.

The real estate market in Durham Region is starting September with conditions that still favour sellers in most (but not all) price points and locations, even though there are signs that the market has relaxed. Inventory levels have reached a high point for the past year, and multiple offer situations are receding....

Last update August 3 2023, at 11:10 am

July has come and gone, and the real estate market in Durham Region showed a seasonal drop in sales volume, an increase in inventory and a dip in sales prices. The pace of sales weren’t strong enough to keep pace with new listings, allowing prices to drop off in all areas of Durham, though selling prices remained...