August 2018: Detached, Vaughan

Summary:

  • Vaughan detached home sales up 25.5%, listings up 23.0% year-over-year (YoY)
  • Active listings are high compared to historic levels and TTM active listings indicates a rising inventory trend
  • Sales are low compared to historic levels and TTM sales indicates a negative trend that is now flattening
  • TTM Sales to active listings ratio (SALR) has a negative trend that is becoming flat
  • Average Vaughan detached home price is down 7.0% YoY
  • Median Vaughan detached home price is down 2.4% YoY
  • Benchmark Vaughan detached home price is down 5.2% YoY

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

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