| Market Pulse

Market Update Explanation with Brett Puckrin

May 8th 2020 | Update

๐‚๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐š๐›๐จ๐ฎ๐ญ ๐ฐ๐ก๐š๐ญโ€™๐ฌ ๐ก๐š๐ฉ๐ฉ๐ž๐ง๐ข๐ง๐  ๐ฐ๐ข๐ญ๐ก ๐ญ๐ก๐ž ๐ฅ๐จ๐œ๐š๐ฅ ๐ซ๐ž๐š๐ฅ ๐ž๐ฌ๐ญ๐š๐ญ๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐๐ฎ๐ซ๐ข๐ง๐  ๐‚๐Ž๐•๐ˆ๐ƒ-๐Ÿ๐Ÿ—. Listen toย Brett Puckrinย as he explains what we are seeing in this market and what buyers and sellers can look forward to.

Despite this “disruption” to the economy, people always need a place to live, and now they are re-thinking how their current space works for the new work at home environment.

April sales of single-family homes in Durham Region area decreased -52% year-over-year.

Inventory of new listings in April was 883 compared to 1229 in March 2020. The average price for all home types in the area are up by 9.73% .

 

 

 

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