August 19, 2021

🍁 Records smashed in July!! ⁠How?

SALES totaled 799 units in July 2021. This is a new sales record for the month of July and was the highest level for any month in history!!⁠

DOLLAR VALUE of all home sales in July 2021 was $228.5 million, an advance of 55.7% from the same month in 2020. This was also the largest dollar value of homes sold for any month in history!⁠

The number of NEW LISTINGS was down by 9% from July 2020. There were 1,098 new residential listings in July 2021. This was the lowest number of new listings added in the month of July in five years!⁠

TOTAL ACTIVE LISTINGS numbered 4,430 units on the market at the end of July, a substantial decrease of 11.3% from the end of July 2020. Active listings haven’t been this low in the month of July in more than five years.⁠
AVG benchmark PRICE now $315,400 Y/Y up 11.5% vs last year! ⁠

For more details on how this affects you contact us today!⁠

Rob Burton FRI REALTOR® (709) 682-2345 Fellow of the Real Estate Institute, Award Winning #TeamBurton 🍁 Top 10 in Canada⁠