Positive start to fall market; new listings increase, sales soften
While overall sales decreased compared to August, total sales reached the second-highest levels for the month of September in the 100-year history of the Board.
- While overall sales decreased compared to August, total sales reached the second-highest levels for the month of September in the 100-year history of the Board.
- Larry Anderson, President of the Board, said, While weve seen a solid increase in new listings compared to August, market conditions continue to be challenging for buyers.
- Considering the demand across the region, the increase is simply not enough to bolster the inventory required to create greater balance in the market.
- In September, the Board received 2,342 new listings, a decrease of 33.4 per cent compared to last year, and an increase of 11.2 per cent compared to August 2021.