Strong demand for homes continue. Listings remain in short supply. Lowest level of active listings in more than two decades.
- Sales reported in January 2022 were down by 18.2% compared to January 2021.
- New listings were down 15.5%, a similar annual rate as sales.
- Active listings at the end of January were down a jaw-dropping 44%, the lowest level in over two decades!
- TRREB's 2022 outlook predicts that the average selling price for all home types will climb to $1,225,000. This is an approximate growth of 12% compared to the previous year.
Want more details? Check out TRREB's Full Report
January 2022 vs. January 2021
January 2022 vs. December 2021
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