Wednesday, June 18, 2014

Home sales data

National Home Sales:
 
·
Month to Month Sales increased by 5.9% from April to May 2014
·
Year to Year sales increased by 4.8% from May 2013 to May 2014
·
Listings climbed month over month by 3.8%
·
Average sale price has gone up 7.1% year over year Nationally (taking out Greater Vancouver and Toronto sale prices increased 5.3%)
·
Average price in May was $416,584.  Omitting Vancouver and Toronto, average price point was $336,373 year over year.
 


Ottawa monthly Breakdown:

 
·
1,792 Properties sold in May of 2014 (1,489 Residential and 303 Condo), 5 less than May of 2013. Still higher than the 5 year average for May (1765).
·
Average Sale prices (residential and condo) was up to $381,172, which is a 3.2% increase year over year.
·
Condo’s average price in May was $280,661, up about 6.9% over last May.
·
Residential average price was $401,626, yearly increase of 2.1%.

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