Ontario Real Estate Association January Highlights

Ontario home sales remain at near-record levels in January despite ongoing supply shortage
Highlights
  • Residential sales up 10.5% in January 2017 compared to a year earlier.
  • New listings in Ontario numbered 17,830 units in January 2017, a decrease of 14.8% compared to last year.
  • The provincial average price of homes in January 2017 rose 19.8% compared to a year earlier.
  • There were just 2.4 months of inventory at the end of January 2017.
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