Housing Prices – two perspectives 1) The Fall from A Year Ago & 2)Toronto Home Prices Rising Again
BARRIE HOME PRICES FALL, DOWN 21.9% FROM A YEAR AGO
THE NUMBER OF HOMES SOLD COMPARED TO A YEAR AGO ALSO SLIPPED
Courtesy of Barrie 360 and Ian MacLennanPublished: Apr 11th, 2023 & Financial Post
A downward trend in home prices in Barrie. The Barrie and District Association of Realtors (BDAR) says the average home price in March was $725,965–21.9 per cent less than a year ago.
195 homes were sold last month, a drop of 27.8 per cent from March 2022.
Crunching the numbers month-to-month, the BDAR says the number of homes sold last month was 50 per cent more than in February, while the average price of a home in March compared to February was just 0.8 per cent less.
Across Simcoe County, the average price of a home in March was $821,378, down 18.1 per cent from March 2022.
The number of homes sold was 378 last month, off nearly 32 per cent year-over-year.
More information:
Financial Post Articles – rising costs in Toronto
https://financialpost.com/category/real-estate/
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