Ontario home sales set new July record

Highlights
  • Residential sales up 1.1% in July 2016 compared to a year earlier.
  • New listings in Ontario numbered 30,130 units in July 2016, a decrease of 12.3% compared to last year.
  • The provincial average price of homes in July 2016 rose 13.9% compared to a year earlier.
  • There were just 2.2 months of inventory at the end of July 2016.
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