Ok everyone, here it is, your monthly market update! It looks like we’re finally starting to see some balance in the market. There is an increase in the number of new listings as compared to previous months as well as last year. Homes still continue to sell quickly (in an average of 10 days), suggesting that homebuyers are continuing to recognize what a great place Durham Region is to live. With this slight shift towards a more stable market, it looks like first-time homebuyers who were previously being squeezed out of the market now have more opportunity to purchase.
