The capital region’s real estate market ended August with just over 40 per cent fewer sales than the same month a year ago, reflecting an anticipated slowdown due to factors such as higher interest rates.
August, a traditionally slow month in the real estate sector, also saw sales slide 6.3 per cent slide from July. As for condos, the benchmark value in the core was $621,900 last month, a drop of 2.8 per cent from July, when it was $639,900. The benchmark in August of last year was $509,900. Real estate watchers look at the ratio of sales to active listings — represented as the percentage of available listings that sold in the past month — to help evaluate supply and demand.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen: