01/04/2025
Despite supply challenges in the lower price range, December continued to show strong long-term performance, driven by higher inventory levels.
Inventory reached 2,989 units this December, marking a significant increase compared to last year. However, it remains uncertain whether these elevated inventory levels will be sustained as we move into 2025.
Looking ahead, it will be interesting to see if these trends persist into the new year. The average prices of various property types in December were as follows: detached homes at $747,500, semi-detached at $677,600, row houses at $447,400, and apartments at $332,400.