Barrie Real Estate Stats
Home sales declined 5.8 per cent across Canada from July to August, the largest month-over-month decline since June 2010, according to the Canadian Real Estate Association. Actual sales activity was down almost 9 per cent in August over a year earlier, “providing the first clear indication that the recent changes to mortgage regulations aimed at cooling the market are working as intended,” said CREA chief economist Gregory Klump Monday.
House prices remained relatively stable across the country, posting increases of just 0.3 per cent on a year-over-year basis and the inventory of homes for sale at the end of August climbed slightly to 6.5 months, up from 6.1 months at the end of July.The seasonally adjusted average price of a Toronto home held steady in August, up 1.5 per cent to $501,058, up from $493,647 in July, according to CREA. Actual prices were up 6.1 per cent in August over the same time last year.While average Vancouver house price was down almost 7 per cent in August over a year ago to $725,086, it was up about 3 per cent in August over July when adjusted for seasonal fluctuations.
Sales declines were posted in about two-thirds of all markets representing 80 per cent of national house sales activity including the GTA, Vancouver, Greater Montreal, Calgary, Edmonton and Ottawa.Some 334,208 homes have changed hands over Canada’s MLS system so far this year, an increase of 2.8 per cent compared to the same eight months of 2011.
Barrie Board Stats At August 31, 2012. The number of properties sold is up over last year’s numbers, both for the month of August and for the year to date except in the City of Barrie where the sales are down slightly from last year
The average price for properties in Barrie is up 7.35% this year-to-date over the same period last year. It was up 4.54% for all properties sold through the Barrie Board.( that would encompass surrounding area’s )