Jeanette Grant

MARKET UPDATE FOR THE WEEK ENDING AUGUST 28TH , 2015

31 August 2015
Jeanette Grant

In the condominium sector new listings have remained relatively unchanged over the last week while sales are down a little over 10% (from 200 units to 181 units). Sales at or above the list price are currently at 16.6% which is a solid indicator that the condo market is trading well. In the central core we noted a significant increase in luxury condos coming to market last week while there was a decline in number of mid-priced listings ($400k to $700k).