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APRIL HOUSING MARKET CONTINUES TO BE STRONG DURHAM REGION April 20, 2010 – The Durham Region Association of REALTORS® (DRAR) reported 503 sales in the first half of April 2010, an increase of 33% from the 378 sales reported mid-month in April ’09. Year-to-date sales are up a whopping 53% to 2,912 compared to 1,903 sales during the same term in 2009. “The average selling price for single family homes has also experienced a sharp increase over the prior year” Dierdre Mullen, President of the Durham Region Association of REALTORS noted.

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APRIL HOUSING MARKET CONTINUES TO BE STRONG!

DURHAM REGION ASSOCIATION OF REALTORS® 50 Richmond St. E. #14, Oshawa, Ontario L1G 7C7 For Immediate Release Contact:     Dierdre Mullen, President (905) 723-8184               Durham’s Spring Market Heating Up Early DURHAM REGION – February 4, 2010 – Sales of single family homes in Durham Region increased by 5% to 532 from 507 in December but also records a big jump from 350 in January of 2009 when sales were much lower due to the recession reported Dierdre Mullen, President of the Durham Region Association of REALTORS®.  President Mullen commented, “The average number of sales in January for the 5 years previous to 2009’s low was 530 so the January resale housing market in Durham Region is definitely healthy.” Average prices of homes inched up slightly to $289,195 from December’s $286,724 but more importantly reflects a 12% hike from $257,095 in January of last year.  “Home values increased on average 5% between 2004 and 2008 so the 12% rise shows substantial month-over-month growth in just one year” added President Mullen.

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Market Heating Up Early!

The Durham Region Association of realtors reported 825 sales in September 2009, up 9% from the 752 recorded in September 2008. September 2009 is the best September on record.

Average selling prices in Durham Region were up 1.4% ($282,308) in September, from August’s $278,400, and up 5.5% from the $267,478 reported in September ‘08.

Originally posted here:
BEST SELLING SEPTEMBER ON RECORD