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Thursday, October 15, 2015

Housing Market Still Hot

Grey Bruce | by Kevin Bernard  

Realtors Association reports another record September for home sales in Grey Bruce.

Real estate sales continue to set records.

In September, 280 properties were sold in the Grey Bruce Owen Sound realtors area.

The President of the Association, Karen Cox, says that is a record for the month, and an increase of 22.8 per cent from last year.

On a year-to-date basis sales are running 16.6 per cent ahead of the same period in 2014.

Cox says this is the third best year to date period of any year and is also just the third time that overall sales have surpassed 2,000 units at this time of the year.

The average price for homes sold last month was nearly $232,000 -- up 3.3 per cent from September of 2014.

The year-to-date average price is over $243,000 -- up 7.4 per cent from the first three quarters of last year.

There are over 2,200 homes listed for sale in the area, which is down seven per cent from the same month in 2014.





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