June 2024 HOUSING MARKET UPDATE
July 2, 2024
June sales decline amid supply challenges and rising prices
Sales in June reached 2,738, marking a 13 per cent decline from last year?s record high. Although sales improved for homes priced above $700,000, it was not enough to offset the declines reported in the lower price ranges. Despite the easing in June sales, they remain over 17 per cent higher than long-term trends.?The pullback in sales reflects supply challenges in the lower price ranges, ...
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posted in General
at Wed, 03 Jul 2024 23:01:55 +0000
