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Blog by Graham Kirby

Overall Sales Dip Below Ten Year Average for February

March 13th, 2018

Last months’ overall sales were 14.4 percent below the ten year average. Detached (single houses) took the biggest hit with a 39.4 percent decrease over the same period. Attached sales (town homes) were down 6.8 percent but apartment sales continue to buck the recent trend by coming in at 5.5 percent above the ten year average.

Rising interest rates and tighter lending policies have contribu ...