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A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Tuesday, November 17, 2015

Home sales edged higher, prices moderated in October

There was an increase in the volume of home sales in October compared to the previous month. Data from the Canadian Real Estate Association showed a 1.8 per cent rise nationally which is near the 2015 peak and the second highest monthly rise in 6 years. Non-seasonally-adjusted figures show the increase year-over-year was 0.1 per cent. The monthly increase in the number of new listings was 0.9 per cent.

There was an even split between markets where there was an increase and those that declined. The national increase was driven by monthly sales gains in the Lower Mainland of British Columbia together with the Greater Toronto Area (GTA) and surrounding areas, led by the York Region, Central Toronto, and Hamilton-Burlington. Annual sales gains were offset considerably by decline in Calgary.

The actual (not seasonally adjusted) national average price for homes sold in October 2015 was $454,976, up 8.3 per cent on a year-over-year basis. The Aggregate Composite MLS HPI rose by 6.70 per cent on a year-over-year basis, a slightly more modest increase compared to the increase in September (6.90 per cent). Price increases continue to be driven by Toronto and Vancouver while Calgary, Saskatoon and Regina are lower year-over-year.

MBN

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