September 2023

August Sees Record-High Sales Amidst Historic Low Inventory,Pushing Prices Higher

Posted on Sep 01, 2023

Thanks to a surge in the condominium market, August sales reached a record high with 2,729 sales. Despite the record levels reported over the past several months, year-to-date sales are still down by 15 per cent compared to last year.

While new listings did improve compared to levels seen this time last year, the sales-to-new-listings ratio remained...

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