August Report - North Bay and area Housing

August 2015 sales for single family homes remained stable - relative to 2014 [92 vs 93]. YTD sales are up 15.2% over the previous year [805 sales for 2015 vs 699 for 2014]

2015 Single family house prices slipped 1.4 % over the previous year (2014), hovering somewhere between 2011 & 2012 prices.

As for other areas beyond North Bay's trading area, Canadian sales & prices have increased. Ontario has had modest gains as well.  

The national average price for homes sold in August was $433,367, up 8.7 per cent on a year-over-year basis.

Prices continued to rise in Ontario and B.C.

http://www.theglobeandmail.com/report-on-business/economy/housing/canadas-existing-home-sales-rise-03-in-august/article26364171/

 

 

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The Valenti Team

The Valenti Team

Sales Representative
CENTURY 21 Blue Sky Region Realty Inc., Brokerage*
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