October 2018: Detached, Vaughan

Summary:

  • Vaughan detached home sales up 1.5%, listings up 14.6% year-over-year (YoY)
  • Active listings are high compared to historic levels and TTMA active listings indicates a rising inventory trend
  • Sales are low compared to historic levels and TTMA sales indicates a negative trend that is now flattening
  • TTMA Sales to active listings ratio (SALR) has a negative trend that is becoming flat
  • Average Vaughan detached home price is up 2.5% YoY
  • Median Vaughan detached home price is up 0.9% YoY
  • Benchmark Vaughan detached home price is down 3.8% YoY

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

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