Strong Sales, Stronger Price Gains!
If there’s been slow down in the real estate market in October then Durham Region Realtors haven’t been told about it!
In comparison to last year’s sales for the month DRAR reported 924 transaction compared to 849 in 2012. That’s an increase of 9%
The overall sales for the year have been a bit slower with a 3% reduction in sales. To date last year there were 9,432 sales and this year there were 9,152. Not a very significant change.
While the number of sales for the year are down slightly, the dollar volumes is up 17% indicating that prices are still increasing in Durham.
www.DurhamRealEstate.org. for all the monthly stats from the Region.