October 2018: Detached, Ajax

Summary:

  • Ajax detached home sales down 7.4%, active listings up 8.2% year-over-year (YoY)
  • Active listings high compared to historic levels and TTMA active listings displays a declining inventory trend
  • Sales are very low compared to historic levels and TTMA sales indicates a declining sales trend
  • TTM Sales to active listings ratio (SALR) is changing from a downward trend to flattening
  • Average Ajax detached home price is down 2.0% YoY
  • Median Ajax detached home price is up 1.8% YoY
  • Benchmark Ajax detached home price is up 0.6% YoY

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

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