Homes sold on ByTheOwner.com in August 2007 : an increase of 63% over last year
According to the Canadian Real Estate Association (CREA). seasonally adjusted sales dropped 4.1 per cent in August to 43,257 units from July’s 45,102. Resale housing sales activity was down in most provinces, particularly in Ontario and Quebec. But the real estate association says sales in August were up 7.7 per cent over sales in the same month of 2006.
Meanwhile, on ByTheOwner.com, 361 houses were sold in August 2006 and 502 in August 2007 : an increase of 40% over last year. Those 502 sold houses represented about 1% of the overall housing market in Canada.
The median length of time that single family homes were on the market on ByTheOwner.com was 52 days in Canada and an average of 67.81% of our single family houses for sale in Canada sold using our services.
