Posthaste: Where homes are selling the fastest — and slowest — in Ontario

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Posthaste: Where homes are selling the fastest — and slowest — in Ontario
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Zoocasa set out to find the most competitive markets in Ontario by analyzing how long it took to sell a home in 23 cities. Read more

After a slow start to the year, activity really started to pick up in the spring after theAfter that came a surge back into the property market that surprised even the experts. Then just as quickly activity moderated as the central bank resumed raising rates in June.RBC economist Robert Hogue says that in June for the first time in a year local market trends diverged.

While home sales continued to rise from the month before in British Columbia , Alberta, Manitoba, Nova Scotia and Newfoundland, they fell in Ontario, New Brunswick and PEI. In Saskatchewan and Quebec they stalled.in Ontario by analyzing how long it took to sell a home in 23 cities. When the online realtor last did this study in January the shortest amount of time it took a property to sell was 25 days in the Waterloo region, writes Zoocasa’s Daniel Crook.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter.

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