Ontario Home Sales OREA March Record

Highlights
  • In March 2016 residential sales up 12.2% compared to a year earlier.
  • New listings in Ontario numbered 34,370 units in March 2016, a decrease of 6.2% compared to last year.
  • The provincial average price of homes in March 2016 rose 11.5% compared to a year earlier.
  • There were 2.4 months of inventory at the end of March 2016.

 

 
Unit Sales

Residential sales activity reported through the MLS® Systems of real estate Boards and Associations in Ontario numbered 20,974 units in March 2016, up 12.2% from a year earlier.

Unit Sales in March
 
Newly Listed Units

New listings on the MLS® Systems of real estate boards in Ontario numbered 34,370 units in March 2016, a decrease of 6.2% from a year earlier.

Newly listed units
 
Average House Price

The provincial average price for homes sold in March 2016 was a record $521,178, rising 11.5% from a year earlier.

Average house price

There are no comments

Thank you! Your comment has been submitted and is awaiting approval.

Andrew Kostyshyn

Andrew Kostyshyn

Sales Representative
CENTURY 21 Leading Edge Realty Inc., Brokerage*
Contact Me

Blog Archives