October Market Stats
Our October 2019 statistics show that sales of single-family homes last month dropped by 11 per cent from 2018 and were virtually the same as in September. Apartment and townhouse sales dipped by nine per cent and 22 per cent, respectively.
Inventory of single-family homes in October rose by 14 per cent from one year ago (1,173 to 1,333). Active listings of apartments increased by 16 per cent (322 to 373) year over year while townhouse inventory dropped by 21 per cent (167 to 132).
The benchmark price of a single-family home board-wide was $521,800 in October, a four per cent increase from one year ago and down slightly from September.
For more information, refer to our comprehensive stats package at https://bit.ly/32dqHFK.