bouma.ca » 2009 » August » 07 http://www.bouma.ca/blog Helping Buyers and Sellers of Homes in Oshawa, Whitby, Courtice, Bowmanville, Newcastle and the surrounding areas Wed, 08 Feb 2012 00:21:37 +0000 http://wordpress.org/?v=2.6 en BUYERS MARKET NO MORE IN THE DURHAM REGION http://www.bouma.ca/blog/buyers-market-no-more-in-the-durham-region/ http://www.bouma.ca/blog/buyers-market-no-more-in-the-durham-region/#comments Fri, 07 Aug 2009 18:53:29 +0000 admin http://www.bouma.ca/blog/buyers-market-no-more-in-the-durham-region/  AUGUST 7, 2009 – Sales of single family homes in the Durham Region are down 7% (1033) in July ‘09’ from the recorded 1115 in June ‘09’, but up 16% from the 891 sales reported in July ‘08’. Average selling prices are up 1.2% ($285,247) in July, from June’s $281,765, and up 3.7% from the reported $275,139, in July ‘08’. “First-time buyers and the Bank of Canada rate cuts have helped restore stability to a market that slumped from late 2008 to early this year,” commented Debbie Dawson 2009 President of the Durham Region Association of REALTORS® (DRAR).

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BUYERS MARKET NO MORE IN THE DURHAM REGION

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