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Single family home sales totaled 988 for the month of October 2011, an 11% increase from last October but continue to remain well below historical levels. Year-to-date sales totaled 11,503, a 10% increase over last year. Y/Y, the average sale price was up +2.35% while the median was up +1.54%
Condo sales were up +19.87% from October 2010 with 368 units changing hands. Condominium sales for the first 10 months of the year totaled 4,681, a 3% rise over the same period last year. Average prices were down -1.7% while the median was up 2.39% y/y.
















I guess beggars can be choosers…
CIBC World Markets Report, November 1, 2011
Eurozone Update – Faded Euphoria