NEW LISTINGS

In May the level rose in properties coming onto the market by 5.9%, however it is still down by 7.2% on last year. In the last 12 months, 131,053 new listings have come onto the market up 1%, REINZ reports sales up 17% on the same 12 month comparison. The inventory of unsold houses on […]

Asking Prices

Seasonally truncated mean asking price rose 4.3% from May 2012. For those of you interested in statistics, there has been a lot written recently regarding the accuracy of the mean pricing as a true indication as to the state of the housing market and prices. A truncated mean is considered a more accurate measure than […]

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