This month's Real Estate Board video takes a peek at how 2015 has started out. We have learned that last month's home sales were above historical norms, raised 8.7% compared to January 2014. At the same time homes for sale (active listings) have dropped below historical norms, 14.2% compared to January 2014.
Benchmark home prices for detached homes have increased by 8.4% due to high demand on a low supply. Learn more by watching the video below or please contact me if you have any questions!