Durham Region Real Estate Blog
Posted on
July 6, 2017
by
John Owen

As summer heats up, Oshawa's real estate market is cooling down from one of the hottest spring markets ever. A surge in inventory has helped to temper the demand that seemed insatiable just a few months ago. It posted very humble 11.1% average annual price gain in June 2017.
Average prices have come down substantially since the spring peak,...
Posted on
July 5, 2017
by
John Owen

Clarington's real estate market has cooled off since the hottest spring market in many years with an average residential price gain of 7.9% over June of last year.
The recent spike in inventory appears to be helping in reducing the impact of bidding wars. Properties sold in June still averaged more than asking, but the market...
Posted on
July 5, 2017
by
John Owen

Whitby's real estate market for residential properties experienced a theme common to all of the GTA in June - a cooling off from spring fever.
Average prices have dropped considerably since the spring peak, as shown in this chart:

The Toronto Real Estate Board's (TREB) latest market stats put the average property selling at $9207 - up from...
Posted on
June 5, 2017
by
John Owen

Ritson Road North will be closed for construction from the second week of June until the end of November if things go according to plan.
The first stage of construction will see Ritson Road North closed from Kedron Dells Golf Club to north of Given Road for 11 weeks - or late August. This will allow for access to the golf course...
Posted on
June 5, 2017
by
John Owen

Whitby's real estate market for residential properties felt the impact of a wave of new listings in May with a drop in sales volume and a price drop versus April.
The Toronto Real Estate Board's (TREB) latest market stats put the average property selling at $728,176 - up from last year's 603,729 by 20.6%, but well down from April's...
Posted on
June 5, 2017
by
John Owen

The Oshawa real estate market has finally found some inventory to help temper the demand that seemed insatiable just a few months ago. It posted a much more modest 17.0% average annual price gain in May 2017.
The Toronto Real Estate Board's (TREB) latest market statistics show the average Oshawa property at $526,774 - up from last year's...
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.