Market Updates

Market Updates August 2024 Real Estate Market Update REALTORS® Association of Grey Bruce Owen Sound MLS® home sales continue to show signs of picking up in August.   The number of homes sold through the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound totaled 236 units in August 2024. This was an increase of 7.8% from August 2023.   Home […]
Buying Rate Announcement: How the Bank of Canada’s Decision Affects You The Bank of Canada has announced its third consecutive interest rate cut, lowering the overnight rate target to 4.25%. This decision comes as inflation continues to moderate and economic growth shows signs of softening. Economic Context The Canadian economy grew by 2.1% in the second quarter, slightly stronger than anticipated. However, recent indicators suggest economic […]
Market Updates July 2024 Real Estate Market Update REALTORS® Association of Grey Bruce Owen Sound MLS® home sales continue to build momentum in July.   The number of homes sold through the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound totaled 262 units in July 2024. This was up by 9.2% from July 2023.   Home sales were 7.4% below […]
Market Updates June 2024 Real Estate Market Update REALTORS® Association of Grey Bruce Owen Sound MLS® home sales remain subdued in June.    The number of homes sold through the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound totaled 242 units in June 2024. This was a substantial decline of 18% from June 2023.   Home sales were 22.6% below […]
Market Updates May 2024 Real Estate Market Update REALTORS® Association of Grey Bruce Owen Sound MLS® home sales reach plateau as new supply continues to rise.   The number of homes sold through the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound totaled 276 units in May 2024. This was a moderate decrease of 8.6% from May 2023.   Home […]
Market Updates April 2024 Real Estate Market Update REALTORS® Association of Grey Bruce Owen Sound MLS® new listings continue to outpace sales, driving inventories higher.   The number of homes sold through the MLS® System of the REALTORS® Association of Grey Bruce Owen Sound totaled 239 units in April 2024. This was a small gain of 2.1% (five sales) from April 2023. Home […]
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