11 Aug JULY HOUSING STATS
Posted at 16:32h
in Market Update
**July 2016 sets another record!** 9,989 homes were sold through the TREB MLS in July. At just shy of 10,000 transactions, this was the best July result on record. While sales were up on a year-over-year basis, listings for single-detached and semi-detached houses and townhouses continue to be in short supply. The result has been an increase in pent-up demand and annual rates of price increases well above the rate of inflation.