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For Week Ending August 8, 2015

For Week Ending August 8, 2015

That time of year is on its way: School. The summer's fun is winding down. Perceived as good for some weary parents, bad for some summer-loving kids and standard fare for real estate professionals that know August as a quiet identifier of the expectation of housing market slowdown. There have been some year-over-year inventory and price drops of late, but there's still little to be concerned about in the midst of what was largely expected after years of continuous increases.

In the Regina region, for the week ending August 8:

  • New Listings increased 3.2% to 159
  • Firm Sales decreased 13.9% to 62
  • Inventory decreased 6.0% to 2,336

For the month of July:

  • Median Sales Price decreased 3.2% to $300,000
  • Days on Market increased 19.0% to 50
  • Percent of Current List Price Received remained flat at 96.6
  • Months Supply of Inventory increased 6.3% to 6.7

read more . . .

Tim Chicilo
Phone: 1 (306) 539.0085
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