#Ontario Blog

Monday, December 18, 2023   /   by Shiela Balanay

Ontario MLS® Home Sales Remain Subdued Despite Climbing Supply

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 153,979 units in November 2023 year to date. This was a moderate decrease of -12.9% from November 2022. The more comprehensive year-to-date average price was $873,284, down by 6.7% from the first 11 months of 2022. Months of inventory numbered 4.4 at the end of November 2023, up from the 3 months recorded at the end of November 2022 and above the long-run average of 2.6 months for this time of year. The number of months of inventory is the number of months it would take to sell current inventories at the current rate of sales activity. ...

  london ontario realtors, ontario real estate brokerage, real estate, real estate agency, real estate agent, realtors

Wednesday, November 29, 2023   /   by Shiela Balanay

Ontario MLS® Home Sales Continue to Decline in October

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 143,587 units over the first 10 months of the year. This was down sharply by 13.4% from the same period in 2022. Active residential listings numbered 50,072 units on the market at the end of October, up sharply by 35.8% from the end of October 2022. Active listings haven’t been this high in the month of October in more than five years. ...

  london ontario realtors, ontario real estate brokerage, real estate, real estate agency, real estate agent, realtors

Tuesday, October 17, 2023   /   by Shiela Balanay

Ontario MLS® Home Sales Remain Subdued

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 131,471 units in September 2023. This decreased by 13% from September 2022. The average price of residential homes sold was $878,976, a decrease of 7.7% from the first nine months of 2022 ...

  london ontario realtors, ontario real estate brokerage, real estate, real estate agency, real estate agent, realtors

Monday, September 18, 2023   /   by Michael Glasser

Ontario MLS® Home Sales Remains Subdued as Recovery Flatens

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario totaled 119,455 units over the first eight months of the year. This was a large decline of 14.2% from the same period in 2022. The average price of resale residential homes sold across the province in August 2023 was $881,982, a decline of 8.5% from the first eight months of 2022.

  london ontario realtors, ontario real estate brokerage, real estate, real estate agency, real estate agent, realtors

Monday, August 21, 2023   /   by Michael Glasser

Ontario MLS® Home Sales Post Marginal Increase in July

Residential sales activity reported through the MLS® Systems of real estate boards in Ontario numbered 105,395 units over the first seven months of the year. This was down sharply by 15.5% from the same period in 2022. The more comprehensive year-to-date average price was $888,891, a moderate decrease of 9.2% from the first seven months of 2022. ...

  london ontario realtors, ontario real estate brokerage, real estate, real estate agency, real estate agent, realtors

Team Glasser Real Estate Brokerage Inc.
99 Horton St W
London, ON N6J 4Y6
Office: 519.670.0385

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association.
Data is provided courtesy of Information Technology Systems Ontario, Inc
Copyright 2024 Information Technology Systems Ontario, Inc.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Information deemed reliable but not guaranteed.
Information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS®. Copyright 2024 Last Updated October 9, 2024
This site powered by CINC: www.cincpro.com