Reports from CREA (Canadian Real Estate Board) and OREA (Ontario Real Estate Board) for Ontario in June 2016 show:
- Residential sales activity increased 6.5 per cent from a year earlier.
- Active residential listings was down 27.2 per cent from 2015. Supply has fallen to the lowest level in over a decade.
- Sales of all property types in Ontario increased 6.7 per cent from June 2015. The value of those sales rose 21.3 per cent from 2015.
For the Full report on Ontario Homes Sales from June 2016 please visit: OREA INSIGHTS JUNE 2016