June 2023

MAY SALES ABOVE LONG-TERM TRENDS DESPITE PERSISTENT INVENTORY CHALLENGES

Posted on Jun 06, 2023

There were 1,736 sales recorded across the province in May, resulting in a four per cent year-over-year decline. However, despite the year-over-year decline, sales levels were 20 per cent above long-term, 10-year averages.Stronger sales in May were possible due to recent monthly gains in new listings. While the seasonal boost in new listings also c...

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