Real Estate Stats September 12, 2024

Uxbridge Housing August 2024

Uxbridge Housing August 2024

Housing Market Report for August 2024

Here is the Region of Durham  Housing August 2024 report (all housing types), with reports from the Canadian Real Estate Association,  and Toronto Regional Real Estate Board  included.

This housing report for Durham Region includes the number of new listings, average list price, number of properties sold, average selling price, average days on market and average asking price to selling price ratio for all property types within the Region of Durham.

 

Scroll to the bottom for links to take you to the housing market reports for Uxbridge, Scugog and Brock.

 


 

 

Ottawa, ON September 16, 2024 – National home sales increased in June following the Bank of Canada’s first interest rate cut since 2020, and activity posted another small gain in August on the heels of the second rate cut in late July, but the bigger picture appears to be a market mostly stuck in a holding pattern.

Highlights:

• National home sales edged up 1.3% month-over-month in August.

• Actual (not seasonally adjusted) monthly activity came in 2.1% below August 2023.

• The number of newly listed properties ticked up 1.1% month-over-month.

• The MLS® Home Price Index (HPI) was unchanged month-over-month but was down 3.9% year-over-year.

• The actual (not seasonally adjusted) national average sale price was almost unchanged (+0.1%) on a year-over-year basis in August.

There were about 177,450 properties listed for sale on all Canadian MLS® Systems at the end of August 2024, up 18.8% from a year earlier but still more than 10% below historical averages of around 200,000 listings for this time of the year.

 


 

 

 

From Toronto Regional Real Estate Board

 

 

Toronto Regional Real Estate Board – Market Stats At A Glance – August 2024

 

 

Read the Toronto Regional Real Estate Board  Market Watch Report 

 


 

 

Township of Uxbridge Full Report

 

In August 2024, the real estate market in the Township of Uxbridge saw a decline in both sales activity and pricing. The average sales price dropped to $1,291,179, down from $1,441,395 in July but still higher than the $1,228,915 recorded in August 2023. Total sales fell to 20, compared to 32 in July and 24 last August. New listings also decreased to 35, a sharp drop from 65 in July and 42 in August 2023. The months of inventory rose to 4.40 from 3.03, indicating a shift back into buyers’ market territory. The decrease in total sales and new listings, coupled with a rising months of inventory, indicates a more favorable environment for buyers. This shift suggests that potential buyers in Uxbridge Township may have more negotiation power and a wider selection of properties to choose from.

 

 

Uxbridge Housing August 2024

 

Average Sold Price

Uxbridge Housing August 2024

 

Number of Properties Sold

Uxbridge Housing August 2024

 

Active Listings

Uxbridge Housing August 2024

 

Number of New Listings

Uxbridge Housing August 2024

Months of Inventory

Uxbridge Housing August 2024


 

*Information is believed to be accurate at time of posting but is not guaranteed to be correct. Some values may vary slightly based on the exact date and time the reports were generated. Market stats are provided by TRREB (Toronto Regional Real Estate Board) and are based on sales for the month of Attached/Row/Townhouses, Condo Apartments, Condo Townhouses, Detached, Detached with Common Elements, Link Homes and Semi-detached. *Some values may vary slightly based on the exact date and time the reports were generated.

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Click below for more reports

Durham Region

Township of Scugog

Township Brock

 

Check out our Uxbridge and Scugog Events Pages to keep up to date on whats going on around town.  Click the links or scan the Code with your phone to take you directly there.

 

UXBRIDGE EVENTS

 

 

SCUGOG EVENTS 

 

Neighbour News