Market Activity:
Market up 12.84% in April, YTD down 2.26%
Sales:
Sales are down 2.76%, YTD down 3.72%
Prices:
Number of all single family units sold according to price category
Average Price:
Average prices down 0.66%, YTD up 1.48%
Most Popular Areas This Month:
City Highest Listings:
Area 4 – East Windsor 188
Area 3 - Central/Downtown 148
Area 8 – South Windsor 138
County Highest Listings:
Lakeshore - 87
Leamington - 80
Lasalle - 71
City Highest Sales:
Area 8 – South Windsor 63
Area 4 – East Windsor 53
Area 3 – Central/Downtown 41
County Highest Sales:
Leamington - 34
Amherstburg - 27
Lakeshore - 25
Most Popular Styles This Month:
Top 5 best selling house types
CMHC Report:
Net migration is expected to remain strong in 2008. Ontario, Quebec, and British Columbia will continue to attract the bulk of the international immigrants. B.C., Alberta and Saskatchewan will attract a large number of inter-provincial migrants from the rest of Canada. Canada’s population is aging, and as a result, a smaller proportion of people are in their child bearing years and thus the birth rate is decreasing. High immigration levels will slow the average aging of the population, however, the rate of increase in the natural population (births - deaths) is slowing. This will eventually lessen the demand for additional housing stock in the longer term.
Source: CMHC
Contact:
Please contact Phil Dorner, President @ 966-6432 for further comments regarding this month's statistics.
