September market stats showed a 5.4% increase in the Average Selling Price of all home types in Toronto Year over Year. In Oakville the Average Selling price was up 1% , Burlington was down -1% and Hamilton was down -0.3%.
Although the number of units sold is down in all of these areas year over year, prices are stable and we are seeing a more balanced market. This is good news for Buyers and Seller’s alike!