See the homes that have sold in the last 30 days by clicking the links at the bottom of the email.
479 total Residential sales down 9% from 2018 of 524. Sales slowed down compared to May 2019 by 12%.
1,112 New Listings were taken. There are 3,817 total listings (up 17% from 2018, up 2% from May 2019).
Median home sale price $645,000 (down 4.06% from June 2018)
Median apartment condo sale price $339,000 (up 2% from June 2018)
Median townhouse sale price $480,000 (up 1% from June 2018)
Median mobile home sale price $150,000 (down 10% from June 2018)
Activity
Residential Homes
213 Sales
468 new listings
Current inventory at 1,309
103 Days on the market
Townhome Sales
80 sales
154 new listings
Current inventory at 425
56 days on the market
Apartment/Condo
102 sales
204 new listings
Current inventory at 676
55 days on the market
Mobile Home
25 sales
51 new listings
Current inventory at 131.
60 days on the market
Want to be emailed new listings as they come out? email markcoons@coldwellbanker.ca
National Housing Strategy As part of the National Housing Strategy in June the Government of Canada introduced a new First Time Home Buyer incentive.
With this incentive, Government of Canada provides:
5% of a first-time buyer’s purchase of existing homes
5% or 10% of a first-time buyer’s purchase of a new build
The incentive is available to first-time homebuyers with qualified annual incomes of $120,000 or less. A participant’s insured mortgage and the incentive amount cannot be greater than four times the participant’s qualified annual income.