Canadian Home Prices Remain Steady for Another Month
August saw national home sales hold steady on a month-to-month basis for the first time since February along with a stabilization of demand/supply conditions in many markets, which could be an early sign that this year’s sharp adjustment in housing markets across Canada may have mostly run its course.
Homes Sales in Ontario Down 30%
Home sales in Ontario were down 30.3% with 14,381 units sold in August 2022, compared to 20,620 in August 2021.
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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