Durham Region's real estate market entered the cooler autumn season with balanced results. Sales volume in the region was up over September in many areas, and prices showed mixed results in different communities.
Prices in Durham Region increased 2.3% over October of 2017 and 0.3% since September 2018. The slight gain from September is in line with the overall TREB market, which posted a 1.3% gain.
Oshawa had good results with a 3.2% annual increase in price. It showed a 1.6% increase monthly. Volume was down 8.7% annually but 1.9% monthly.
Whitby bounced back from a recent price slump, with a 6.4% annual price gain, combined with a monthly price increase of 6.4%. It had a 12.8% annual decrease in sales volume, but a 6.7% monthly increase. There is still good value here compared to the west.
Clarington continued to show good results with a 3.1% annual price increase, though prices pulled back 6.1% from September. Volume was down 7.6% from last October, but up 9.8% from this September.
Pickering had a slight increase in price at 0.6% year-over-year but fell 2.7% monthly. It had a drop in volume of 3.8% annually, and an increase of 3.1% monthly.
Prices dipped 0.5% annually in Ajax and were up 3.1% monthly. Volume fell 7.5% both annually and monthly.
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