York Region, Ontario had a total dollar volume of $660,347,405 worth of real estate traded so far in 2015. The average price of a home is $778,712 and the median price of a home is $710,000 The average sale to list ratio this year is 100% and properties are on market for an average of 23 days. There have been 753 new listings so far this year in YORK REGION Currently, there are 2807 active listings in the area.
10% of $500,000 – what the new down payment regulation means for our real estate market.
The new federal legislature requiring a 10% downpayment for homes over $500,000 will cause several positive economic externalities for Georgina's real estate market.