average-selling

DURHAM REGION, July 6, 2011 – The Durham Region Association of REALTORS® reported 1,046 sales for the month of June, a slight increase from 1,040 in May. This represents a 13.7% increase from June 2010 when there were 920 sales.

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DURHAM HOMES ARE IN DEMAND

DURHAM REGION, June 3, 2011 – Durham REALTORS® reported 1,040 sales for the month of May, an increase of 9.6% over last month and represents a small increase of 1.3% over May 2010. The average selling price in Durham Region for May was $316,057 down slightly from last month when we saw an average selling price of $321,042. However, when looking at the historical data, the average selling price of houses in the Durham Region has been steadily increasing over the last 5 years

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Spring Market Starts to Bloom

  DURHAM REGION, April 5, 2011 – The Durham Region Association of REALTORS® reported 981 sales of homes during March, a 5% increase from 653 sales in February and is only down 1.1% from 1110 sales in March of 2010 when consumers were concerned about purchasing before the HST was implemented.

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Spring Market Heating Up

DURHAM REGION December 3, 2010 – The Durham Region Association of REALTORS® (DRAR) reported 661 sales in November, a 4% decrease from the previous month of October and 5% less than November 2009. Although the number of available listings were not as high as earlier in the year, there were still 1,748 homes listed on the Multiple Listing Service® (MLS®) system in November, close to 10% higher compared to both November 2009 and year-over-year totals to date. “This has been an exceptional year within the resale housing market and 2010 is lining up to be a record year” explains Dierdre Mullen, President of the Durham Region Association of REALTORS®.

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November Resale Home Sales Slow But Steady

DURHAM REGION – October 6, 2010 – The Durham Region Association of REALTORS® reported 707 sales through the Multiple Listing Service® (MLS®) in September 2010. Although 14% less than the September 2009 sales total of 825, these totals still result in 2010’s first three quarters of sales being 5.5% higher than the same period in 2009

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September Sales in the Durham Housing Market Remain Steady

DURHAM REGION, JUNE 11, 2010 – Starting July 1, 2010 Ontarians can expect to pay a harmonized sales tax (HST) rate of 13% on a long list of goods and services that were previously exempt from the 8% Provincial Sales Tax (PST). “While the impact of the tax will be felt by all Ontarians, the province’s 3 million homeowners and the thousands who buy and sell a home every year will be hit particularly hard by this latest tax.” commented Dierdre Mullen, President of the Durham Region Association of REALTORS®. “As real estate professionals, REALTORS® know how important the dream of homeownership is to Ontario families.

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HST Affects the Affordability of Home Ownership

 Strong Growth Continues in October DURHAM REGION November 4, 2009 – Sales of single family homes in Durham Region rose to 860 in October from 825 in September and also represents a 49% increase over 576 sales for the same month last year reported Debbie Dawson, President of the Durham Region Association of REALTORS®. Average prices crept up to $289,003 from $282,308 in September and reflect a 9% jump from $264,988 in October, 2008

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Strong Growth Continues in October

DURHAM REGION AUGUST 20, 2009 – The Durham Region Association of REALTORS® (DRAR) reported 417 sales in the first half of August ‘09, an increase of 19% from the 349 sales reported mid-month in August ‘08. “The average selling price climbed 3% ($281,223) from the $272,788 recorded at the same time last year,” said Debbie Dawson, 2009 DRAR President. “As we start the third-quarter Durham Region’s housing market is booming

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SALES UP 19% IN THE DURHAM REGION

JULY 28, 2009 – The Durham Region Association of REALTORS® (DRAR) reported 441 sales in the first half of July ’09, an increase of 11% from the 396 sales reported at the same time last year. “Last month we saw an increase in sales and average selling prices,” commented Debbie Dawson, 2009 President Durham Region Association of REALTORS®

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DURHAM’S HOUSING MARKET STILL STRONG