Although the average sale price went up, home sales continued to decline in June, with activity remaining slightly below what would be considered typical levels for this month. The market has been turned on its head – less than six months ago we were facing some of the tightest conditions in history, with demand outpacing supply by an extraordinary margin, and now those trends are beginning to reverse. In addition to sales dropping below average levels, new listings returned to the market at the fastest rate for any June in history. The current level of available listings on the market also popped up above 1,000 for the first time since October 2019.
Find out what your property is worth in today’s Market at https://forsaleinbarrie.ca/index.php/whats-my-property-worth/
Stats are correct as of Thursday July 14th. Based on June 2021 v June 2022