Durham Region Real Estate Blog

The Durham Region real estate market transitioned into the summer market in June, with steady results in both price and volume. Volume levels did drop from May, as is typical in the seasonal cycle. Pricing, on the other hand, was virtually flat or up in many areas, contradicting the normal pattern.

The GTA overall showed a more typical pattern...

The Durham Region real estate market posted yet another strong month in May, with gains in both sales volume and prices. Sales volume was again up sharply, while average selling prices were up both monthly and annually.

The GTA overall is well on its way back to a seller's market, with some areas posting an average selling price at over 100% of...

The Durham Region real estate market carried momentum from March's strong performance forward into April, with another impressive showing. Sales volume was up sharply, while average selling prices were up slightly over March (with the exception of detached homes, which dropped by 1.4%).

The GTA overall is leaning back towards a seller's market, with...

Unlike the weather, real estate sales in Durham Region came in like a lion, and stayed that way. Sales volumes jumped 43.4% over February. Even with that jump in volume, active listings managed to also spike higher, keeping prices somewhat in check. 

Price

Prices in Durham Region increased 1.1% from March 2018 and increased  4.1% since Frebruary...

February continued January's sharp increase in Durham Region real estate activity. Sales volumes were well up in most areas versus January, and inventory is still relatively low. Prices are holding at seasonal lows, but I anticipate that will change in March, as the weather improves and buyers get out in full force.

Price

Prices in Durham Region dropped...