Durham Region Real Estate Blog

Oshawa's real estate market has improved for both sellers and buyers in February 2018. Prices are trending up over January, and there is more inventory for buyers.

Oshawa prices dropped 16.4% compared to February of 2017, but they increased 1.9% over January 2018 levels. Making comparisons to last year isn't reflective of a typical sales cycle,...

Oshawa's real estate market started 2018 on a positive note for both buyers and sellers. The rampant bidding wars from this time last year are less common, and there is more inventory on the market, making for a good balance.

Oshawa prices dropped 6.0% compared to January of 2017, but they increased 2.8% over December, 2017 levels. 

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Whitby's real estate market for residential properties continued to put a six month slide behind in December. It also showed an annual jump in prices that was amongst the best in Durham. 

Whitby prices are still somewhat underpriced compared to nearby communities Ajax and Pickering that have seen less price erosion from the market peak.

Clarington's real estate market has fared well compared to many neighbouring communities in December, with an annual price gain of 3.1%.

The Toronto Real Estate Board's (TREB) latest market stats put the average property selling at $530,632 - up from last year's 514,562 - but well off April when the average was at $638,252.

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Oshawa's real estate market finished 2017 with a much more balanced feel to it than we have experienced over the last couple of years.

Prices made a 1.9% average annual price increase in December 2017.

Average prices for all of TREB made a comeback from August's low, as shown in the following chart (red line), though the numbers in November and...

Whitby's real estate market for residential properties has finally turned around a lengthy six-month trend in price declines. It did, however, also show an annual decline in price in November. 

This situation provides a unique opportunity for buyers and move-up sellers - homes in Whitby are somewhat underpriced compared to nearby communities...