August 2018: Detached, Burlington

Summary:

  • Burlington detached home sales up 26.1%, active listings up 4.6% year-over-year (YoY)
  • Active listings are high compared to historic levels and TTM active listings indicates a flattening inventory trend
  • Sales are low compared to historic levels and TTM sales indicates a declining trend
  • TTM Sales to active listings ratio (SALR) has a flat trend
  • Average Burlington detached home price is up 2.7% YoY
  • Median Burlington detached home price is down 0.1% YoY
  • Benchmark Burlington detached home price is down 1.1% YoY

You can read the original August 2018 TREB Market Watch publication here.

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