August sales reached 2,151 units which is a 37% increase from last year.

Sales have slowed but when looking at the year-to-date sales, the eight-month total of 19,516 sales is higher than annual sales figures recorded over the past six years. 

The months of supply in August was nearly three months. This is an improvement but conditions remain far tighter than usual. Some improvements in supply compared to sales have been slowing price growth.

As of August, the total residential benchmark price was $459,600, slightly lower than last month, but over 9% higher than last year.

The price gains have ranged by product type, with the highest gains occurring in the detached sector of the market.

Contact me with questions as to how this affects your buying or selling decision!

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One of the most rewarding parts of the experience with Shelter Canada is that you are introduced to the families who are receiving the home you helped build.⁠

Life is about relationships and human connection and this truly impacts and changes everyone's life involved. Together, we build hope and build houses and bring a new sense of community to those in El Salvador. 

To learn more about the families that you support and even connect with, join my Shelter Nexus team, which gives you the opportunity to build hope online!

You may not be able to travel to El Salvador, but you can still experience the difference that a new home makes in the life of a family when you connect virtually!

To learn more and to get involved click the link! -->

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.