It took an average of 68 days for properties of all types to sell in July 2017 which is 16 days faster than the average in July 2016 and 1 longer than the month before, June 2017.
Of these 1,530 sales, 1,198 were freehold houses, and 332 were condominiums.
The average sales price for a freehold house sold in June 2017, was $420,335 showing an increase of 5.3% over July 2016. While condominium average prices rose 2.8% from last year to $267,641.
2,278 new properties were listed for sale in July, bringing the total number of properties for sale to 5,993 a decrease of 24.1% from July of last year.