Ontario home sales set new all-time record in June

Highlights
·         Residential sales up 6.5% in June 2016 compared to a year earlier.

·         New listings in Ontario numbered 37,666 units in June 2016, a decrease of 6.2% compared to last year.

·         The provincial average price of homes in June 2016 rose 13.9% compared to a year earlier.

·         There were just 1.9 months of inventory at the end of June 2016.

Resource: OREA

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Author: bramptonrealestateboard

At the Brampton Real Estate Board (BREB) we believe in the ownership of Real Estate. Our objective is to contribute to the capability and growth of our members in their endeavors by marketing all forms of real property throughout the greater Brampton, Halton Hills and Caledon marketplaces and beyond. The Brampton Real Estate Board is dedicated to providing an environment in which it’s Member REALTORS®, employees, Board of Directors, and Committee volunteers are encouraged to grow, succeed and develop in order to provide the highest level of professional conduct and service.

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