Market Update – February 2015

Market Update

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The arctic weather we have been experiencing for several weeks now definitely put a chill in the Real Estate market in January.   Listing and sales were both down, more so than the average slowdown typically experienced in the January time frame.  That being said average sale prices continued to rise and the average Days On Market shortened compared to the same period last year leaving us in a reasonably balanced market for the moment.  Check out the infographic below for some highlights of what happened in the GTA Real Estate Market in January.

Jan2015 Market Update Infographic

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Topics: RAHB | statistics
Originally published on February 27, 2015

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Written by Brandon Buller

Husband. Dad. Award-winning Real Estate Broker and Luxury Property Specialist with the Buller Real Estate Group at Keller Williams Edge Realty based in Burlington, Ontario, Canada.