Home sales in Huron and Perth counties saw a slight decline in July.
167 homes were sold through the Huron Perth Association of REALTORS in July, about 16 per cent lower than June.
Home sales were 20.3 per cent below the five-year average, and 20.4 per cent below the 10-year average for the month of July.
President of the Huron Perth Association of REALTORS, Bob Heimpel, says “the market is once again back in seller’s territory and overall inventories are trending lower, which should entice cautiously sidelined sellers who have been waiting for a clearer sign of a good time to list their properties.”
On a year-to-date basis, home sales totaled 1,115 units over the first seven months of the year.
This decreased by 9.4 per cent from the same period in 2022.