A total of 227 SFH properties changed hands in the first week of November, slightly down from the 237 that sold during the same period last year (-4%). Pending sales are indicating that the slack will be picked up in the coming weeks.
Condo sales between Nov 1-7 are ahead of last year with 86 sales compared to 65 (+32%) It’s hard to imagine that back in 2005, nearly double that amount sold in the first week…
Luxury Market Update
Five homes sold for $1M+ yesterday alone, and there are currently 17 more pending including a $4.75M property in Rideau Park.